Xpeng G3

Xpeng P7 Completes Durability Test Good For “10 Round-The-World Trips”

5 years ago Nicolas Zart 0 Comments

While the Xpeng G3 electric vehicle (EV) continues its stellar sales climb, the stunning P7 EV has finished a round of tests equal to traveling 10 times around the globe. The company also secured a charging network and ecosystem partnership with TELD, China’s largest charging infrastructure. Additionally, the P7 is the first Smart Car with its own Alibaba In-Car Mini app, and pioneers an IFAA-standard Virtual Car Key. Not bad for a three-year young startup working on a Chinese schedule.

China EV Sales Report — Baojun E-Series New #1 In Receding Market

5 years ago José Pontes 0 Comments

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).

Chinese EV Sales In July: After The Subsidy Storm

5 years ago José Pontes 0 Comments

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%).

Subsidy Cuts & Tesla Model 3 Shake Up Chinese EV Sales Ranking — June Sales…

5 years ago José Pontes 0 Comments

After a slow May, with just 2% growth, June saw the Chinese plug-in vehicle market return to full charge, thanks to some 147,000 registrations, up 72% year over year (YoY). Fully electric vehicles (BEVs) grew faster than that, at +97%, and because the mainstream market is falling (-8%), June’s plug-in vehicle (PEV) share reached a record 8.5%, pulling the PEV market share to 6.3%, well above the 2018 result (4.2%) and on target to reach my forecast of 8% for 2019.

China EV Sales Report — Foreign Brands Shine In Cooling Market (May 2019)

5 years ago José Pontes 0 Comments

After a strong start of the year, May saw the Chinese plug-in market hit the brakes. With some 104,000 registrations in the month, the plug-in vehicle (PEV) market was up only 2% year over year (YoY). However, because the mainstream market is falling significantly (−17%!), the May PEV share reached an amazing 6.6%, pulling the 2019 PEV market share to 5.6%, well above the 2018 result (4.2%).