China EV Sales Touch 2017 High In August – 68,000 Plug-Ins Delivered
Sales of New Energy Vehicles (aka plug-in vehicles) have continued their upward trend in China, setting a new record high for the month of August.
In August overall plug-in production increased to by 67.3% over a year ago, to ~72,000, while net sales increased by 76.3% – up to ~68,000.
This of course includes all kinds of road legal vehicles with a plug-in powertrain (for example buses), but the vast majority are still passenger light vehicles.
All-electric vehicle sales accounted for around 82% of sales results in China in August, and roughly the same for the first eight months of the year.
Comparatively speaking, BEVs grew quicker than the PHEVs (plu-in hybrids) in August. All-electric vehicle sales increased by 95.5% (to 56,000), while PHEVs gained a more modest 21.6% (to 12,000).
China Association of Automobile Manufacturers states:
“In August, the production and sales of new energy vehicles reached 72 thousand units and 68 thousand units respectively, increasing 67.3% and 76.3% year on year. To be specific, the production and sales of BEV reached 58 thousand units and 56 thousand units, increasing 79.6% and 95.5% year on year; and such figures for PHEV were 14 thousand units and 12 thousand units, increasing 29.4% and 21.6% year on year.
For the first eight months, the production and sales of new energy vehicles reached 346 thousand units and 320 thousand units respectively, increasing 33.5% and 30.2% year on year. To be specific, the production and sales of BEV reached 284 thousand units and 260 thousand units, increasing 45.4% and 43.5% year on year; and such figures for PHEV were 62 thousand units and 59 thousand units, decreasing 2.6% and 7.5% year on year.”