Monthly Report – Chinese EV Sales – November 2017

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

Description

Welcome to wattEV2buy’s report for China EV sales in November 2017. We look at the Top brands and models, the gainers and losers and how the battle between battery electric (BEV) and plug-in hybrid (PHEV) technologies play out.

The highlights for Chinese electric car sales in November were:

  • Chinese EV Sales grew by 62.7% Year-on-Year, selling 182,2580 units more than January to November 2016.
  • EV sales in November broke the record for most units sales set only last month. November sales grew 25.06% over that of the record figure of October 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.
  • More than four pure electric vehicles were sold for every plug-in hybrid. All the new models that entered the market this month were pure electric cars;
  • There are more than 80 EVs available to the Chinese consumer currently, of which 63 are pure electric.
  • Forty new models, of which 32 are BEVs, is available to consumers compared to the same period in 2016;
  • Two new models entered the Top 3 position while one new brand entered the Top 3 Brand list.
  • Total sales for EVs for 2017 of 472,000 units now represent 2.13% of total sales of all passenger vehicles for the year compared to 1.32% for the same period in 2016.
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