Plug-in electric car sales in China substantially increased in February, which is a positive sign after the slowdown in January .data, shared by Jose Pontes, some 454,591 new passenger plug-in electric cars were registered in China in February, which is 56 percent more than a year ago.PHEVs: *152,000 and 11% sharePlug-in electric car sales in China – February 2023
So far this year, almost 800,000 new plug-in electric cars were registered in China , which is about 30 percent of the total volume. After the first two months, it seems that after industry-wide price reductions applied to many models, sales improved and it might be another strong year for electrification.PHEVs: about *0.27 million and 10% shareIn terms of best-selling models, the BYD Song Plus remains the number one in China. In February, more than 51,000 units were registered.
The market is dominated by Chinese models, specifically, the BYD brand, and the only non-Chinese model in the top 10 was the Tesla Model Y in fourth . Ahead of the Tesla Model Y, we can see the Wuling Hong Guang MINI EV microcar and BYD Qin Plus .BYD Qin Plus : 27,434BYD Tang : 12,029 After the first two months, the BYD Song Plus family already built up a significant advantage over other models.BYD Dolphin: 39,971BYD Tang : 20,919's advantage over other brands and manufacturers is staggering in China. So far this year, the company has almost a 39 percent market share. Tesla is the second best with a 7.6 percent share.