Sales of electric vehicles in China accounted for 31 percent of the total market in May, 25 percent of which were pure electric vehicles, according to the report by the Passenger Association. According to data, there were more than 403,000 new electric vehicles in the Chinese market in May, an increase of 109 percent compared with the same month in 2021.
In fact, all-electric vehicles are not the fastest growing new energy vehicles, plug-in models seem to be the fastest (187% year-on-year growth), but pure electric vehicle sales also grew 91%, if the sales figures, by 2022, pure electric vehicles will account for 20% of new car sales in China, Nevs account for 25% of the total, which could also mean that by 2025, the majority of vehicle sales in China could be electric.
The growth of electric vehicle sales in China is bucking the trend in the rest of the world, with domestic ev sales growing significantly faster and demand for electric vehicles in China not slowing down despite numerous obstacles, including the impact of the pandemic, supply chain shortages and even the license plate lottery system.
Post time: Jun-28-2022