China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

Excluding exports, domestic NEV sales in April were 736,000 units, up 37.31 percent year-on-year but down 2.9 percent from March.

China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

China's April new energy vehicle (NEV) sales declined from March, as the overall market remained weak.

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The country saw April NEV sales of 850,000 units, up 33.65 percent year-on-year but down 3.74 percent from March, according to data released today by the China Association of Automobile Manufacturers (CAAM).

CAAM's NEV sales are the wholesale sales of automakers, including those in China and those exported to overseas markets. NEVs include battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell vehicles.

China sold 519,000 BEVs in April, up 10.19 percent year-on-year but down 8.3 percent from March.

China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

PHEV sales in April were 331,000 units, up 100.61 percent year-on-year and up 4.42 percent from March.

China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

Fuel cell vehicle sales in April were 300 units, down 5.9 percent year-on-year.

China's all vehicle sales in April were 2,359,000 units, up 9.26 percent year-on-year but down 12.44 percent from March.

China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

This means that NEV penetration was 36 percent in April, up from 32.8 percent in March.

China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

Excluding exports, domestic NEV sales in April were 736,000 units, up 37.31 percent year-on-year but down 2.9 percent from March.

China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

In April, 504,000 vehicles were exported from China, up 34.04 percent year-on-year while essentially flat from 502,000 in March.

China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

Of these, NEV exports were 114,000 units, up 14 percent year-on-year but down 8.06 percent from March.

China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show

China exported 89,000 units of BEVs in April, down 2.4 percent year-on-year and down 10.9 percent from March.

The country exported 25,000 units of PHEVs in April, up 170 percent year-on-year and up 0.8 percent from March.

In the January-April period, Tesla sold 163,841 units in China, down 7.64 percent year-on-year.
May 10, 2024
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