Monthly Report – Chinese EV Sales – December 2017

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Read our in-depth analysis of the Chinese EV market based on the latest monthly sales data for December 2017. We rank all EV models and brands on a monthly and YTD basis.

Description

The highlights for Chinese electric car sales in December were:

  • Chinese EV Sales grew by 72% Year-on-Year, selling 240,000 units more than January to December 2016.
  • EV sales in December broke the record for most units sales set only last month. December sales grew 16.8% over that of the record figure of November 2017.
  • China breached 1 million EVs registered making it a foregone conclusion that it will reach its official 2 million EV target by 2020 according to our forecasts. Our forecast also shows that the country could potentially sell 2 million vehicles in 2018.
  • Nine new models entered the market in December 2017, all of which are EVs.
  • Two new models entered the Top 3 position while one new brand entered the Top 3 Brand list.
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