China Plug-In Car Sales Decreased In February 2024

February brought an expected weakening of plug-in electric car sales in China. The main reason behind that is the 2024 Chinese New Year holiday and that a year ago the holidays were in January. According to EV Volumes' data, shared by researcher Jose Pontes, roughly 440,000 new passenger plug-in electric cars were registered in China in February, 9% less than a year ago. Nonetheless, the market remains EV-hungry, as the rechargeable car's share amounted to 33%.

Considering the strong start of the year, 2024 should be even better, most likely above 10 million units. Model rank In February, the top three plug-in car nameplates in China were: the BYD Qin family with 27,851 units , the Tesla Model Y with 22,537 units, and the BYD Song family with 22,079 units . Just off the podium was the Aito M7 , an EREV SUV, with over 21,000 units sold.

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.

Plug-In Car Sales In Germany Weakened Again In February 2024In February, the total new plug-in electric car registrations in Germany amounted to 42,054, down 5% year-over-year. The market share decreased to 19.3%.
Source: InsideEVs - 🏆 579. / 51 Read more »

Plug-In Car Sales In Germany Weakened Again In February 2024In February, the total new plug-in electric car registrations in Germany amounted to 42,054, down 5% year-over-year. The market share decreased to 19.3%.
Source: InsideEVs - 🏆 579. / 51 Read more »

Australian Plug-in Vehicle Sales Exceed 10% in February 2024The Australian plug in market exceeds 10 per cent again as Tesla deliveries return to their 'normal' levels
Source: cleantechnica - 🏆 565. / 51 Read more »