Tuesday, December 7, 2021

China’s electric car sales continue to rise

Around 357,000 electric vehicles were sold in China during the month of September. Battery-electric vehicles, plug-in hybrids and fuel cell vehicles together accounted for a market share of 17.3% . BYD continues to be the strongest brand in China.

A total of 2.067 million vehicles were sold in China last month. 357,000 of them were equipped with an electric drive. This also includes Hybrids. While the overall market was down 19.6% compared to September 2020, according to data from the China Association of Automobile Manufacturers (CAAM), NEV sales increased by 148.4 %.

The 357,000 NEVs are 341,000 passenger cars and 16,000 commercial vehicles. Among the NEV passenger cars, battery-electric cars accounted for by far the larger share with 281,000 units compared to PHEVs with 61,000 vehicles.

In the current year, 2.157 million New Energy Vehicles were sold by the end of September, 185.3% more than in the same period last year.

BYD continues to lead in electric vehicles in China. The local manufacturer was selling 70,022 NEV passenger cars.

In second place for NEVs but in first place for BEVs is Tesla. The American brand was able to sell 56,006 vehicles produced in China in September, and as is well known, these are exclusively battery-electric cars.

Tesla said that 300,000 Model 3s and Model Ys had already been built in Shanghai in the year to the end of September, of which around 100,000 were exported and 200,000 vehicles were sold in China.

In the NEV statistics, BYD and Tesla are followed by SAIC-GM-Wuling with 38,850 units, ahead of SAIC Motor PV with 21,552 vehicles , GAC Aion (13,572 units) and Great Wall Motor with 12,770 New Energy Vehicles.

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Also above the 10,000 vehicle sales mark in September were the two eMobility start-ups Nio and Xpeng. Nio managed to sell 10,628 units, 125 % more than in September 2020.

In Q3, Nio came in at 24,439 deliveries, a 100 % increase from Q3 2020.

The best-selling model in September was Nio’s ES6 with 5,260 units, ahead of the related EC6 electric SUV coupe with 3,390 units sold. The flagship ES8 came in at 1,978 deliveries. Nio has delivered 142,036 E-SUVs since its inception as of the end of September.

Close behind Nio is Xpeng with 10,412 deliveries in September. In the third quarter, however, Xpeng overtook Nio with 25,666 vehicles. For Xpeng, it was a 199 %year-on-year increase in both the September and Q9 figures.

The best-selling Xpeng was the P7 sedan with 7,512 units, while 2,656 of the G3 and G3i SUV models hit the road. In addition, the September statistics include the first 244 P5s.

Hi I'm Leanne. I'm a big fan of electric cars (drive a Model 3 myself) and support the movement to go electric! I hope you enjoy my Articles here on the website.
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