The penetration of NEVs in China was 20.8 percent of retail sales in November, compared to 13.9 percent in January-November.
(Graphic by CnEVPost)
Wholesale sales of new energy passenger vehicles in China reached 429,000 units in November, up 131.7 percent year-on-year and up 17.9 percent from October, according to data released today by the China Passenger Car Association (CPCA).
This includes 343,000 BEVs (battery electric vehicles) and 85,000 PHEVs (plug-in hybrid vehicles), accounting for 80 percent and 20 percent respectively.
Wholesale sales of new energy passenger vehicles in China from January to November were 2.807 million units, up 190.2 percent year-on-year, the data showed.
Retail sales of new energy passenger vehicles in China reached 378,000 units in November, up 122.3 percent year-on-year and up 19.8 percent from October.
(Graphic by CnEVPost)
From January to November, China's retail sales of new energy vehicles (NEVs) reached 2.154 million units, up 178.3 percent year-on-year.
Wholesale penetration rate reached 19.9 percent
In November, the penetration rate of NEVs in wholesale sales was 19.9 percent. In January-November, the figure was 15.0 percent, a significant increase from the 2020 penetration rate of 5.8 percent.
In November, the penetration rate of NEVs among local brands was 33.2 percent and 24.6 percent for luxury vehicles, compared to only 3.9 percent for mainstream joint venture brands.
Wholesale sales of A00-class EVs in November were 108,000, accounting for 31 percent of pure EV sales.
Wholesale sales of Class A0 EVs were 53,000, accounting for 15 percent of pure EV sales.
The share of Class A EVs was 25 percent and the share of Class B EVs was 26 percent.
Retail penetration was 20.8 percent
The penetration rate of NEVs in China was 20.8 percent of retail sales in November, compared to 13.9 percent in January-November, up from 5.8 percent in 2020.
In November, the penetration rate of NEVs among local brands was 37.4 percent, compared to 19.4 percent for luxury vehicles and only 3.6 percent for mainstream joint venture brands.
Tesla China continues to lead export growth
China's NEV exports maintained strong growth in November, with Tesla China exporting 21,127 units, though lower than October's 40,666 units.
SAIC Passenger Vehicle exported 6,110 NEVs, Geely 470, Great Wall Motor at 426 and BYD 404.
BYD stays in the No.1 position
In November, 14 companies sold more than 10,000 units of NEVs.
BYD's wholesale sales of 90,546 new energy passenger vehicles in November were higher than Tesla China's 52,859 units and remained the highest wholesale sales of new energy passenger vehicles in China.
SAIC-GM-Wuling's wholesale sales of new energy passenger vehicles in November were 50,141 units, while other companies with more than 10,000 units sold included:
Great Wall Motor with 16,136 units, XPeng Motors with 15,613 units, GAC Aion with 15,035 units, Chery with 14,482 units, Li Auto with 13,485 units, Geely with 13,090 units, SAIC Passenger Vehicle with 12,225 units, SAIC-Volkswagen with 11,986 units, NIO with 10,878 units, FAW-Volkswagen 10,705 units, and 10,013 units for Neta.
Volkswagen's joint ventures in China sold 22,691 NEVs at wholesale in November, accounting for 62 percent of the share of mainstream joint venture brands.
BMW's NEV sales in November were 5,194 units, the CPCA said.