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 two hottest Chinese electric vehicle startups, NIO and Xpeng, have each set some new records recently. The companies are growing fast and surely have their sights focused much higher.
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.
In a livestreamed media session today, NIO Vice President of Power Management Shen Fei officially launched NIO’s new Battery-as-a-Service strategy. The new service decouples the battery from the purchase price of the vehicle, providing a lower up front purchase price, more flexibility to the owner in the future, the ability … [continued]
NIO continues to show solid growth despite the clear economic challenges of 2020. The Chinese EV startup announced its July deliveries this week and shared that the July 2020 figure was 322.1% higher than the July 2019 figure.
We are launching a variety of resource pages on major cleantech companies, products, and topics. As a leading electric vehicle and lifestyle startup in China, one of the companies we’re starting with is NIO. We have resource pages on NIO, the NIO ES6, and the NIO ES8 to begin.
