Plugin vehicles continue to be all the rage in the Chinese auto market. Despite the overall market being completely disrupted by Covid lockdowns , plugins scored over 260,000 registrations in April, upShare-wise, with April showing another great performance, plugin vehicles hit 29% market share! Full electrics alone accounted for 22% of the country’s auto sales! This pulled the 2022 share to 22% .
Another measure of the importance of this market is the fact that China alone represented over half of global plugin registrations last month.Looking at April best sellers, we should first celebrate the fact that for the first time ever, we had 5 plugin models in the overall top 10, as the Wuling Mini EV , BYD Song , BYD Qin Plus , BYD Han , and BYD Dolphin all ended inside the overall top 10.
Still nowhere near as good as Norway. When are we going to see 50% sales in the top five economies in the world?
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:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beat The Market By Investing In Freedom – And Shunning Places Like Russia And ChinaI'm a reporter on Forbes' money team covering investing trends and Wall Street's difference-makers. I've reported on the world's billionaires for Forbes' wealth team and was previously an assistant editor covering money and markets. I graduated from Duke University in 2019, where I majored in math and was the sports editor for our student newspaper, The Chronicle. Send news tips to htuckerforbes.com. Home is where the heart is!!!!! Let's get it beating...
Source: Forbes - 🏆 394. / 53 Read more »
Biggest Movers: SOL, NEAR Fall Over 10% During Tuesday's Session – Market Updates Bitcoin NewsCrypto markets were down across the board on Tuesday, as bears re-entered the market. SOL and NEAR dropped over 10% in the day. Another ttaa luna Goblincoinio Bitcoin will benefit from the coming regulatory clarity. If you aren’t following spina360 you should be. There aren’t many who have a better understanding of value investing, great tweets so far 👍
Source: BTCTN - 🏆 531. / 51 Read more »
Fed Searches for the Magic Number to Cool a Red-Hot U.S. Housing MarketThe central bank must decide on an interest rate that will cap sky-high price growth without triggering a painful economic slowdown. “This is not a market that 5% interest rates are going to scare at all.”
Source: WSJ - 🏆 98. / 63 Read more »
Bitcoin Rejected at $30K Again, Avalanche Slumps 9% (Market Watch)Bitcoin was stopped once again at $30,000. Most altcoins, including ADA, SOL, and AVAX, are in an even worse shape. Give me Bitcoin at any price, I won't reject it.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Globally Feted Indian Doc Makers Mull Ways of Expressing Dissent at Cannes MarketThe cream of the current crop of young Indian documentary filmmakers were on fire during the annual Doc Day at the Cannes Film Market, discussing ways of expressing dissent within India’s cur…
Source: Variety - 🏆 108. / 63 Read more »
Bitcoin, Ethereum Technical Analysis: Crypto Bears Keep BTC Below $30,000 – Market Updates Bitcoin NewsBitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. Metavisa : Web 3.0 Credit Scoring Protocol By analyzing blockchain data, MetaVisa Protocol helps users to establish on-chain identity & credit records. DeFi NFTs GameFi DAO DApps cryptocurrency metaverse metavisa mesa I do hope it will cost more usdt in the near future
Source: BTCTN - 🏆 531. / 51 Read more »