47% Plugin Vehicle Market Share In China — EV Sales Report

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Looking deeper at the numbers, BEVs were up 22% while PHEVs did even better, jumping 55% in May. Breaking down plugin sales by powertrain, BEVs had 63% of sales, below this year’s average of 64%, proving the rising popularity of plugin hybrids in this market.

Looking at several categories, all the vehicle segments have 100% PEV podiums with the exception of the C segment, which is the only category where ICE vehicles are still present. BYD’s upcomingAnyhow, with the exception of the C segment, where the Nissan Sylphy still soldiers on as the sole ICE category leader, BYD is ahead of ICE vehicles in every other category, and only otherwise lost the top spot to the Wuling Bingo in the B segment.

This is also starting to suffocate a lot of its competitors, especially those that are coming from foreign OEMs, but more on that later….I have a few more notes on the April top 20. The AITO M9 joined the table, jumping to #8, with a record 16,462 sales, 1,738 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.

Speaking of AITO, the M5, the make’s midsize offering, was the last model of the brand to be graced with Huawei’s, spiking its sales upwards to 5,583 units in May. That was the SUV’s best result since December 2022! Will we see it in the top 20 soon?compact crossover, with the startup’s most recent model scoring 5,411 sales in May.

 

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