Industry dynamics

China sells 883,000 NEVs in Mar, up 85% from Feb, CAAM data show

Publishtime:2019/08/16 Views:11

Excluding exports, domestic NEV sales in March were 758,000 units, up 32 percent year-on-year and up 92.1 percent from February.

PHEV sales in March were 317,000 units, up 95.1 percent year-on-year and up 73.2 percent from February.

Fuel cell vehicle sales in March were 200 units, down 52.2 percent year-on-year.

China's all vehicle sales in March were 2,694,000 units, up 9.9 percent year-on-year and up 70.2 percent from February.

This means that NEV penetration was 32.8 percent in March, up from 30.1 percent in February.

Excluding exports, domestic NEV sales in March were 758,000 units, up 32 percent year-on-year and up 92.1 percent from February.

In March, vehicle exports from China were 502,000 units, up 37.9 percent year-on-year,2 and up 33 percent from February.

Of these, NEV exports were 124,000 units, up 59.4 percent year-on-year and up 52 percent from February.

China exported 100,000 units of BEVs in March, up 41 percent year-on-year and up 50.9 percent from February.

China exported 24,000 units of PHEVs in March, up 240 percent year-on-year and up 56.7 percent from February.

China EV sales for week ending Apr 7: Nio 2,110, Tesla 1,880, BYD 46,250