China Sets New Plug-In Electric Car Sales Record In October 2018
Total sales are expected to exceed 1,000,000 this year.
The total result is roughly 119,400 (up 85% year-over-year) at very high 5.8% market share (also a new record)!
Taking into consideration sales of almost 751,000 during the first 10 months of 2018 (at average 3.6% market share), there is a big chance to exceed 1,000,000 in 2018 (sales in the last months of the year are usually the highest in China).
October brings a huge record for the BAIC EC-Series, which the new version (with 30 kWh battery) priced at around $25,000 before subsidies went through the roof. 20,648 were sold last month (a new record for a plug-in model in a single month).
New highs were set by BYD Tang (6,037) and BYD Yuan (5,803). Fourth and fifth place in October were taken by the Hawtai EV160 (5,736 – new record) and Chery eQ (5,547 – best result in 2018).
Plug-in electric car sales in China – October 2018
Source: EV Sales Blog