China is not slowing down and notes a very high increase in plug-in electric car sales right from the start of the year.
According to EV Volumes' data shared by Jose Pontes, in January, some 372,615 new passenger plug-in electric cars were registered in China, which is 115% more than a year ago.
See more reports about plug-in vehicle sales in China here.
The market share also improved to 17%, including 13% for all-electric cars. BEV sales almost doubled (up 98% year-over-year), and stand for 77% of all plug-ins.
- BEVs: about *287,000 and 13% share
- PHEVs: about *86,000 and 4% share
- Total: 372,615 (up 115%) and 17% share
* estimated from the market share
Plug-in electric car sales in China – January 2022
For reference, in 2021, the total plug-in electric car registrations increased by about 153% year-over-year, from 1.27 million in 2020 to 3,224,373.
- BEVs: about *2.5 million and 12% share
- PHEVs: about *0.7 million and 3% share
- Total: 3,224,373 (up 153%) and 15% share
* estimated from the market share
Model rank
The new year does not bring any change to the first position, as the Wuling Hong Guang MINI EV remains the best-selling model with almost 27,000 units in January.
Interesting is the very strong position of BYD, which put two plug-in hybrids on the podium - Qin and Song. Then, there is the Tesla Model Y and Li Xiang One EREV (series hybrid).
Results for the month:
- Wuling Hong Guang MINI EV - 26,682
- BYD Qin Plus PHEV - 18,449
- BYD Song Pro/Plus PHEV - 16,411
- Tesla Model Y - 16,358
- Li Xiang One EREV - 12,268
- BYD Dolphin - 10,602
- BYD Han (BEV) - 10,051
- Chery QQ Ice Cream - 9,984
- Changan Benni EV - 9,852
- Chery eQ1 / Little Ant - 9,412
In total, BYD put four models in the top 10, and seven in the top 20 best-selling plug-ins in China. Because of that, the company was able to secure the highest market share of 24.9% in the plug-in segment.
The top plug-in brands:
- BYD: 24.9% share
- SAIC-GM-Wuling: 8.5%
- Chery: 5.3%
- Tesla: 5.2%
- SAIC: 4.5%
- GAC: 4%3
Among the automotive groups, the number one happens to be BYD (24.9%), far ahead of SAIC (13%) - including SAIC-GM-Wuling joint venture (between SAIC, GM and Liuzhou Wuling Motors). Chery (5.4%) is slightly ahead of Tesla (5.2%), while the top five is completed by Geely-Volvo (5%).
