Plugin vehicles had another great month in China last month, with 104,000 registrations, a six-fold jump compared to the same month last year. Though, recall that February 2020 was heavily disrupted by the coronavirus pandemic. Still, if we were to compare with February 2019, last month also showed a major … [continued]
I saw a headline about this topic earlier today: “Why some Chinese are buying local electric car brands like Nio — instead of Tesla.” I thought it might offer some interesting insights, but it turns out CNBC just talked to a few people and got a few quotes on the … [continued]
The Rise and Rise of the Wuling Mini EV.
While the overall Chinese auto market ended the year on a positive note (+12% YoY), plugins ended with a record month, growing by 50% YoY in in the last month of the year to a record 224,000 units, and this time it was plugin hybrids (PHEVs) that grew faster (+108%) than full electrics (+42%).
While the overall Chinese auto market is slowly picking up (+12% year over year in November), plugin vehicles are already on the fast lane, growing by 138% year over year (YoY) to a record 198,000 units.
While the overall Chinese auto market kept positive numbers last month, +9% year over year (YoY), plugins vehicle sales were firmly in the fast lane, growing by 120% YoY in October to 147,000 units, a new year best
The overall Chinese market remained positive in September (+8% year over year/YoY), with plugin vehicles faring even better, growing by 66% YoY in September to 131,000 registrations. That’s a new year best for plugin vehicles
The overall Chinese auto market remained in positive numbers last month, +6% year over year (YoY), with plugins faring even better, growing 30% YoY last month to 100,000 units, a new year best.
A star is born in China. And it is not the flashy Xpeng P7 (1,725 units) or BYD Han EV (1,205), but something far more humble. More on that below.
The overall Chinese market returned to negative numbers in June, down 6% year over year (YoY), but on paper, plugins fared much worse, down 53% last month.
