- China sold 544,000 BEVs in February, up 85.1 percent year-on-year but 5.2 percent lower than in January.
- PHEV sales in February were 348,000 units, up 90.3 percent year-on-year but 5.95 percent lower than in January.
China's new energy vehicle (NEV) sales declined further last month, as seasonal factors continued to take their toll.
In February, China's NEV sales totaled 892,000 units, up 87.1 percent year-on-year but down 5.5 percent from January, 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's BEV sales in February were 544,000 units, up 85.1 percent year-on-year, but down 5.2 percent from January.
PHEV sales in February were 348,000 units, up 90.3 percent year-on-year, but down 5.95 percent from January.
China's all vehicle sales in February were 2,129,000 units, up 34.4 percent year-on-year, but 12.2 percent lower than in January.
This meant that NEV penetration in February was 41.9 percent, up from 30.1 percent a year earlier and up from 39.0 percent in January.
Excluding exports, domestic NEV sales in February were 760,000 units, up 92.6 percent year-on-year but down 4.2 percent from January.
In February, 441,000 vehicles were exported from China, up 16.9 percent year-on-year but down 6.2 percent from January.
Of these, NEV exports were 131,000 units, up 60.5 percent year-on-year but 12.6 percent lower than in January.
China exported 81,000 units of BEVs in February, up 22.4 percent year-on-year but 18.9 percent lower than in January.
PHEVs exported 50,000 units in February, up 220 percent year-on-year, but 0.2 percent lower than in January.
Related posts on CnEVPost
