China Plug-In Electric Vehicles Sales Target By End Of 2015: 336,000 Units

JAN 9 2015 BY ERIC LOVEDAY 2

BYD showcased Qin, e6 and the joint venture car Denza in Shenzhen

BYD showcased Qin, e6 and the joint venture car Denza in Shenzhen

Roewe E50 in Shanghai

Roewe E50 in Shanghai

The Chinese government has officially announced a target for plug-in hybrid and electric car sales.

The target?  To reach a cumulative sales level of 336,000 units by the end of 2015.

According to the government, cumulative sales of plug-in electric vehicles in China hit 38,500 through the end of September 2014, so there’s a long way to go if that 336,000-unit target is to be achieved.

However, sales have picked up in momentum as of late, with another estimated 20,000 moved in Q4.

Even with sales on the rise, it seems likely that China will miss its target, but what’s important here is that plug-in electric car sales are moving upwards in China and there’s little sign that sales will fall off anytime soon.

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2 Comments on "China Plug-In Electric Vehicles Sales Target By End Of 2015: 336,000 Units"

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Lustuccc

It is not much for the communist tiger, must be some oily lobbies slowing decisions as much as they can.

Ash09

Well, hopefully this means the price of batteries comes down faster so EV’s can also come down in price worldwide.