EV Share Of China Passenger Car Market More Than Tripled To Nearly 19% In October

  • 📰 Forbes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

EV Share Of China Passenger Car Market More Than Tripled To Nearly 19% In October:

... [+]Xinhua News Agency/Getty Images

Deliveries of electric vehicles more than doubled by 141% in October to 320,000 units, state-run China Daily said Saturday, citing China Passenger Car Association figures. Nearly 19 of every 100 passenger cars sold in the country last month were EVs, including plug-in hybrids. The EV share in October compares with only 5.8% in 2020, according to the newspaper. For the first 10 months of the year, new energy vehicle deliveries gained 191.9% year-on-year to 2.

This year's Guangzhou Auto Show, scheduled expected to open Friday, will boast 241 new energy models, 100 more than at the event last year; young buyers will be in focus, according to the report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You wouldn't believe that electric cars are like chopsticks in every family in China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines