Industry dynamics

China NEV sales rise to 1.1 million in Aug, 2nd-highest on record, CAAM data show

Publishtime:1970-01-01 08:00:00 Views:12

China's BEV sales rebounded to 646,000 units in August, up 17.24 percent from July, while PHEV sales rose to a new record high of 453,000 units.

PHEV sales stood at 453,000 units in August, marking the fourth consecutive month of record highs, up 81.93 percent year-on-year and up 3.42 percent from July.

Fuel cell vehicle sales in August were 1,000 units, up 216.9 percent year-on-year.

China's all vehicle sales in August were 2,453,000 units, down 5 percent year-on-year but up 8.44 percent from July.

This means that NEV penetration was 44.8 percent in August, up from 43.8 percent in July.

Excluding exports, domestic NEV sales were 990,000 units in August, up 30.95 percent year-on-year and up 11.61 percent from July.

In August, 511,000 vehicles were exported from China, up 25.25 percent year-on-year and up 8.96 percent from July.

Among them, NEV exports amounted to 110,000 units, up 22.22 percent year-on-year and up 6.80 percent from July.

China exported 88,000 units of BEVs in August, up 5.9 percent year-on-year and up 14.5 percent from July.

The country exported 22,000 units of PHEVs in August, up 210 percent year-on-year but down 18.1 percent from July.

China NEV retail exceeds 1 million mark for 1st time in Aug with strong growth in hybrids