China Association Of Automobile Manufacturers: Plug-In Electric Car Sales Up 320% In 2014
China’s Association of Automobile Manufacturers has finally released official production and sales figures for plug-in electric cars in 2014:
“The sales and production of new energy vehicles boomed”
“According to the statistics made by CAAM, the production of new energy vehicles in China in 2014 reached 78,499 units, 3.5 times of such figure in last year. Among the total, BEV was 48,605 units and PHEV was 29,894 units, 2.4 times and 8.1 times from the previous year respectively. As for the sales, the total volume reached 74,763 units, 3.2 times from a year earlier, of which BEV was 45,048 units and PHEV was 29,715 units, 2.1 times and 8.8 times of that of last year.”
The number tell a story of massive growth, but we must remember that small, low-range neighborhood electric vehicles (NEVs) are included in the BEV figures. How much do the NEVs account for out of the BEV total? Likely more than half, though we aren’t sure of the precise figures.