Electrified car sales remain strong in China

China’s expertise in electrified vehicles is confirmed by recent statistics, nearing one million units.

While Europe emphasizes its commitment to drastically reduce CO2 emissions related to automobiles through the rise of electric vehicles, it is clear that China is achieving the most impressive sales figures with these new models. China possesses advanced technological know-how, but also the advantage of producing numerous batteries. More importantly, the exceptional air pollution has led public authorities to promote this mode of transportation.

In December 2022, sales of electrified vehicles reached a new high, increasing by 51.8% year-on-year to 814,000 units, up from 786,000 units in November 2022. These figures were disclosed by the China Association of Automobile Manufacturers (CAAM).

Specifically, these CAAM figures include battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and fuel cell vehicles.

Massive Sales in China

Breaking down by category, electric vehicles dominate, with 624,000 units sold in December 2022, an increase of 37.7% compared to December 2021. Following are plug-in hybrid sales, amounting to 189,000 units, a jump of 129.2% from December 2021. Lastly, hydrogen vehicle sales are much smaller, even in China, with 1,000 units sold, reflecting a 24.91% increase from December 2021.

For reference, the total cumulative sales of electrified vehicles amount to 6.887 million units, representing a 93.4% increase year-on-year and accounting for 25.6% of all vehicle sales.

In terms of exports, December 2022 saw 324,000 vehicles exported from China, a 45.4% increase compared to the previous year.

Source: Cnevpost.com

Also read: In Europe, 20% of electric cars come from China