When you find yourself in times of trouble, Model 3 comes to thee
Speaking words of wisdom, let it be.
And in this hour of darkness, it is standing right in front of thee
Speaking words of wisdom, let it be.
There seems to be no end to the incentives blues, with the Chinese plug-in market plunging 46% year over year (YoY), and this time both powertrain technologies crashed at the same speed (-47% for BEVs, -46% for PHEVs), a worrying drop, considering the overall market was down just 6% YoY.
There seem to be no end to the end-of-incentives hangover in China, with the Chinese plug-in market dropping a steep 27% year over year (YoY), and plug-in hybrids (PHEVs) crashing 45% YoY last month. Additionally, BEVs finally got dragged into the red ink, dropping a harsh 20% in September. The overall auto market was not so catastrophic, sliding down just 6% YoY.
The end-of-incentives hangover deepened in August for the Chinese plug-in vehicle market, with the market dropping a steep 12% year over year (YoY) and plug-in hybrids (PHEVs) crashing 51%. Amazingly, fully electric vehicles (BEVs) managed to grow, by 4%, a small increase over the 1% growth rate of July, which means BEVs are currently the only ray of light in the Chinese auto market (the overall market also dropped, by 8% YoY).
In this episode of our CleanTech Talk podcast interview series, Zach Shahan sits down with Tomek Gac, Co-Founder of Tesla Shuttle and founder and CEO of Quriers.pl and Energia Słonca, to discuss the successes, challenges, and future of electric delivery vehicles.
After an end-of-incentives derived surge in June, July saw the expected hangover, with the Chinese plug-in vehicle market dropping 7% year over year (YoY), and the 70,000 units of last month representing less than half of the deliveries of the previous month. Plug-in hybrids (PHEVs) sank 22% YoY in July, their worst drop in over two years, while, amazingly, fully electric vehicles (BEVs) still managed to grow, if only by 1%, despite the gloom all around them (the overall market also dropped 4%).
