EV Sales Doubled In China For July To 36,000, 207,000 Sold So Far

AUG 29 2016 BY MARK KANE 4

China

China

We are getting very accustomed to New Energy Vehicle sales (another way to say plug-in electric vehicles) in China doubling every month…and July was no exception.

For July 36,000 were sold, which is 98% more than year ago.

Nearly three fourths of that total again falls to all-electric vehicles (BEVs) at 26,000 sold, while plug-in hybrids (PHEVs) hit the 10,000 mark for the second month in a row.

With 10,000 NEVs sold on its own (and excluding bus and trucks sales), BYD alone takes more about 30% of the market.

“According to the statistics made by CAAM, in July, the production and sales of new energy vehicles reached 38 thousand units and 36 thousand units respectively, increasing 93.4% and 98.1% year on year.

To be specific, the production and sales of BEV reached 27 thousand units and 26 thousand units, increasing 127.0% and 144.2% year on year; and such figures for PHEV were 11 thousand units and 10 thousand units, increasing 41.4% and 33.3% year on year.”

BYD plug-in electric car sales in China – July 2016

BYD plug-in electric car sales in China – July 2016

After seven months, year-to-date sales in China have hit 207,000 – which is nearly 123% more than year ago at this point. We should note, that in China that total number of plug-ins includes vehicles like buses, and commercial/heavy vehicles…which we have no problem at all with adding into the count, as their “value” to society (emission/petrol displacement) is far greater than any passenger EV.

“For the first seven months, the production and sales of new energy vehicles reached 215 thousand units and 207 thousand units respectively, increasing 119.8% and 122.8% year on year. To be specific, the production and sales of BEV reached 162 thousand units and 153 thousand units, increasing 156.4% and 160.9% year on year; and such figures for PHEV were both 54 thousand units, increasing 53.7% and 57.6% year on year.”

Sales of New Energy Vehicles in China – July 2016

Sales of New Energy Vehicles in China – July 2016

Sales of New Energy Vehicles in China – July 2016

Sales of New Energy Vehicles in China – July 2016

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4 Comments on "EV Sales Doubled In China For July To 36,000, 207,000 Sold So Far"

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As per the figures in the graph, cum sales since 2011 totaled just over 650,000 NEVs. If the split between passenger cars and heavy-duty have not changed much lately (about 70% passenger cars), this means that about 455,000 vehicles are passenger cars. China is approaching the U.S.light-duty plug-in stock fast! And most of the heavy-duty vehicles are all-electric buses, some 150,000 according to the IEA 2016 Outlook
https://www.iea.org/publications/freepublications/publication/global-ev-outlook-2016.html

I did a count on the cumulative sales for China and USA a couple of weeks back and I think the result was that China will be number one in total sales in October or November.

And that is a title they will never give back.

As country, yes indeed.

Right now Europe is the largest regional PEV market, it passed 500k sales last May, so if the UK continues its current trend, and the new German purchase incentives work, it will take longer for China to catch up Europe.

That’s 500k in cumulated fleet, not monthly sales (unless you count hybrids without plugs).
China will add more than that in 2016 alone, and double next year (BYD has announced two more EVs with >250 km range).
So far, they mainly produce for the domestic market (at ~60 different models in passenger cars alone, continuously adding more).
They have construction going on regarding plants for battery materials that make the consumption of the Gigafactory look tiny.
Wait until they start exporting EVs on a massive scale. I expect they will crush their competitors worldwide, and buy their know how for cheap afterwards (like they have done with Rover and Saab already).