December didn't disappoint expectations. It was tremendous.
While the overall car market in China shrunk in December by significant 16% year-over-year, the plug-in electric car market is booming, reaching a level not even close to what we have seen before.
According to EV Sales Blog, last month closed with 181,385 plug-in car sales, which is 70% more than a year ago and new all-time record - around 40,000 higher than the previous record in November! December was also the fourth straight month with a new sales record.
The market share went through the roof and seems to be 8%!
The best selling models for the month were:
- BAIC EU-Series – 12,561
- BAIC EC-Series – 8,407
- BYD e5 – 8,234
- BYD Yuan BEV – 8,021
- BAIC EX-Series – 6,844
In 2018 sales of plug-in electric cars in China increased roughly 83% to around 1,102,375 at average 4.2% market share (twice higher than in 2017).
It's noticeable that sales in China were last year higher than global sales of 1 million in 2017. That's how quick the market and particularly China is moving forward.
The top-selling models for the year are:
- BAIC EC-Series – 90,637
- BYD Qin PHEV - 47,424
- JAC iEV S/E - 46,586
- BYD e5 - 46,213
- Chery eQ - 39,374
Plug-in electric car sales in China – December 2018
Source: EV Sales Blog