EV Sales In China Grew By 35.6% In March, Over 30,000 Sold

6 months ago by Mark Kane 4

Sales of New Energy Vehicles in China – March 2017

March plug-in vehicle sales (aka New Energy Vehicles regionally) in China shows a return to a strong growth trend, netting a 35.6% year-over-year gain, with 31,120 units sold (production in the same period increased by 30.9% to 33,015).

The disproportional splits of all-electric vehicles to plug-in hybrids increased in March to about a 4:1 ratio:

“To be specific, the production and sales of BEV reached 26,685 units and 25,342 units, increasing 41.8% and 43.3% year on year; and such figures for PHEV were 6,330 units and 5,778 units, decreasing 1.1% in production but increasing 9.6% in sales.”

Cumulative stats for the first three months of the year doesn’t look nearly as bright, the effects of an tardy qualifying EV incentive list that 86’d the first 6 weeks of sales in the country.

Sales, inclusive of all plug-ins, according to offical CAAM data increased by just 4.7% to 55,929 for 2017.

“For the first three months, the production and sales of new energy vehicles reached 58,317 units and 55,929 units respectively, decreasing 7.7% and 4.7% year on year. To be specific, the production and sales of BEV reached 47,988 units and 44,333 units, increasing 2.9% and 4.4% year on year; and such figures for PHEV were 10,329 units and 11,596 units, decreasing 37.5% and 28.4% year on year.”

Sales of New Energy Vehicles in China – January-March 2017

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4 responses to "EV Sales In China Grew By 35.6% In March, Over 30,000 Sold"

  1. Chris S says:

    So this would work out to an EV share in march of ~1.5% and 1% for Q1. Hopefully the 8% EV share gets forced on car manufacturers next year.

    1. trackdaze says:

      Looking like 1 million if not more is firming as 2017’s worldwide ev sales.

      1. Mr. M says:

        Only if iceland sales stay strong 😀

  2. Bob Nan says:

    Marvelous March will end up with the record sales in many countries.
    China has increased from 6,000 in Jan to 16,000 in Feb to 31,000 in Mar.

    USA had 18,000 and EU is around 26,000 already with few more countries to be counted and Worldwide total is around 76,000. This is a very high # for a early month like March.

    Equally great is April with the price of Tesla Model-S 75 KWH reduced by $5,000 and on the hybrid front, the Prius introduces a Package One base model which is $1,200.

    Hope the introduction of CT6-Plugin, Pacifica-Plugin and Ioniq-BEV will give some boost to the dashboard.