year over year . They reached a record 124,000 registrations in June. Their growth even beat the growth of BEVs, which was” 28% market share since the overall passenger car market surged 41%. That surge was thanks to the start of the tax cut on most fossil fuel models . Full electrics alone accounted for 22% of the country’s auto sales! This pulled the 2022 share to 26% .
In fact, the top positions of the overall market were populated by plugin models. Aside from the Tesla Model Y winning the leadership position, the Wuling Mini EV was 3rd, the BYD Song ended the month in 5th, the Tesla Model 3 was in 8th place, the BYD Han was 9th, and the BYD Qin Plus was 11th! Looking at the rest of the best seller table, in a record month it is only natural that record performances abound, and such is the case. Besides the aforementioned ones , below them we can see BYD flexing its muscles further.
A sign of how fast the plugin market is growing is the fact that the AITO M5 EREV, despite jumping from 5,033 registrations in May to 7,021 registrations , dropped to #22 in June. It landed below another model in, the BYD Destroyer 05 PHEV. With 7,464 deliveries, the Destroyer 05 PHEV had its 3rd record score in a row. Both models should be followed closely, as both should become regular faces in the top 20 soon.
Great! The whole world should be at least 28% right now. Europe should be over 50%, given they are handing money to a warmongering nation just hundreds of kilometers away!
interesting Tesla BYDCompany