The Rise & Rise of the Chinese EV Market — 17% Market Share in January

After the December sales peak, one would expect a sales hangover in January, only … it didn’t happened, as the market had some 372,000 passenger new energy vehicle registrations, an impressive 115% jump year over year !

Illustrating the current trends of the Chinese EV market, in last month’s top 5 we have the small 4-seat Wuling Mini EV on top, followed by two BYDs, followed by the Tesla Model Y and the large Li Xiang One in 5th.This model was something of a shot in a dark for the SGMW joint venture, as until this model launch, city EVs depended heavily on accessing subsidies to be successful, but it has paid off, as the nameplate became an instant success.

Outside the top 5, we have several models shining, with four models scoring record results in the first month of the year. That includes the Chery Ice Cream, a Wuling Mini lookalike, that is in the middle of its ramp-up process. It scored 9,984 registrations last month. How high will the little four-seater go — 20,000 units per month? More?

Looking at the manufacturer ranking, things started this year how they ended the previous, with BYD hovering above everyone else with an amazing 24.9% share. It was followed by a distant SGMW in 2nd with 8.5% share, while the 3rd spot is still pretty much open, with the following results in January: Chery , Tesla , SAIC , and GAC . Expect Tesla to jump ahead thanks to an expected end-of-quarter peak in March.

what are the Distribution/ Sales outlets globally, by nation?

Do you think 20% of Chinese auto-buyers will choose EVs this year?

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Wuhan market was epicentre of pandemic’s start, studies suggestReport authors say that the coronavirus SARS-CoV-2 jumped from animals sold at the market into people twice in late 2019 — but some scientists want more definitive evidence. Thanks nature 💰 2 studies to flatten the truth.
Herkunft: Nature - 🏆 64. / 68 Weiterlesen »

Bitcoin Dipped to $37K, Uniswap Soars 10% (Market Watch)Bitcoin lost several thousand dollars before recovering to $38,500, while Uniswap has stolen the show with a double-digit surge. I'm so happy to get my lost crypto back. I really appreciate your work MAX_WEB2 on Instagram and contact him on whatsapp 👉👉+1 (785)- 553 5078. he is the best hacker I have ever seen in my life. Ask for help.
Herkunft: Crypto_Potato - 🏆 568. / 51 Weiterlesen »

Analysis: After sanctions barrage, Russia's emerging market allies explore workaroundsAs western governments ratchet up sanctions against Russia over its invasion of Ukraine, Moscow's emerging markets allies are exploring channels for trade and financing to continue. When are we going sanction Israel for killing innocent Palestinians ? Or they don't meet your agenda ? EU has been played by US.RussiaUkraine Wars has not benefited Europe at all. it is constantly satisfying the interests of US, countries are constantly increasing their military budgets,arms dealers are making a profit,EU would import oil gas from US,US would get all money. Big money always seems to find a way.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Small businesses should consider a four-day workweek this year in a tight labor marketA four-day workweek makes workers focus on the amount of work being done, instead of the hours to do it. It's also a good tool for recruiting.
Herkunft: PhillyDailyNews - 🏆 89. / 67 Weiterlesen »

China Insight: Winter Sports Brands See China as Big Potential MarketNow that the Winter Olympics in Beijing have ended, will China be able to achieve its goal of 300 million people participating in winter sports?
Herkunft: wwd - 🏆 24. / 68 Weiterlesen »