44% Plugin Vehicle Market Share In China — April 2024 Sales Report

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Looking deeper at the numbers, BEVs were up 10%, while PHEVs did even better, jumping 65% in April. Breaking down plugin sales by powertrain, BEVs had 59% of sales, below this year’s average of 65%, proving the rising popularity of plugin hybrids in this market.

Looking at the several categories, the A and D segments continue to have 100% PEV podiums, while the C segment is the only one where ICE vehicles are still a majority. BYD’s compact hatchback is surely needed… Although, one starts to wonder at what point BYD’s new model launch fever will start to get counterproductive…. How much is too much?I have a few more notes on the April top 20. The AITO M9 joined the table, jumping to #8, with a record 15,139 sales, 2,030 of them belonging to the BEV version. The flagship AITO is the make’s most recent model, and probably the best of the make so far, so expect the 5.

No wonder they have already locked in some 100,000 orders. Not reservations, actual orders. So, it is not surprising that the SU7 landed with a significant 7,058 registrations, and aims to achieve some 100,000 deliveries this year alone! The first position change happened below them, with the BYD Han jumping two positions, into 7th, while its smaller sibling, the Destroyer 05, was also up, in this case to 9th.

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43% Plugin Vehicle Market Share In China — March 2024 Sales ReportClean Tech News & Views: EVs, Solar Energy, Batteries
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