China EV/PHEV Market Grew by 42.7% in First Half of 2013
According to data released by CAAM (China Association of Automobile Manufacturers), the Chinese electrified vehicle market is growing steadily, but it’s still smaller than aniticpated.
Sales of electric and hybrid plug-in cars in China increased during the first six months of 2013 by 42.7% year over year. The 6-month total in 2013 was 5,889 units sold. Of those, the majority (5,114) were fully electric and only 775 were plug-in hybrids.
Noteworthy is that results for EVs in Q2 (2,240 EVs and 474 PHEVs) are slightly worse then in Q1 when sales amounted 3,175 (2,874 EVs and 301 PHEVs).
Production of EV/PHEV grew in the first half by 56.3%, but with 5,885 (5,111 EVs and 774 PHEV) it seems China is still lagging behind in the electrified vehicle segment.
All of these numbers do not take into account NEVs that have range of less than 80 km (50 miles) and a maximum speed below 80 kph (50 mph).
For comparison, production and sale of conventional hybrids in China totaled respectively 10,048 (an increase of 170%) and 9,388.
According to data taken from the China Passenger Car Association (CPCA), sales of the well known BYD e6 in the first half of 2013 amounted to just 730..
So, for now, China is far behind France, Japan and even California despite being the world’s largest automotive market.