Half Of All Cars Sold In China Are Plug Ins
🌟 Half of all cars sold in China are now plug-ins! In June 2024, plug-in electric vehicle (EV) sales in China reached a new high, with a staggering 49.9% market share. 🚗🔋
China’s EV market is booming, driven by significant growth in both battery electric vehicles (BEVs) and plug-in hybrids (PHEVs). In June alone, 875,904 new plug-in cars were registered, marking a 23% year-over-year increase. PHEVs saw a massive 70% increase in sales, while BEVs also made significant strides.
Leading the charge are top models like the BYD Song, Tesla Model Y, and BYD Qin Plus. BYD continues to dominate with a 30.8% market share in the plug-in segment. With such rapid growth, 2024 is expected to surpass previous years, potentially hitting 10 million plug-in car sales!
Join us as we explore the latest trends, top models, and key players in the Chinese EV market. Don’t miss out on this electrifying journey into the future of transportation!
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credits to – insideevs.com
