Chinese market for battery electric vehicles (BEV) and plug-in hybrids (PHEV) in 2016
- In 2016, the market for electric vehicles (BEV) and plug-in hybrids (PHEV) in China amounted to 507 000 PC + LCV (of which 352 000 PC and 155 000 LCV), compared with 331 000 PC and LCV (of which 207 000 PC and 124 000 LCV), making China the world's largest market for rechargeable electric and hybrid vehicles, larger than Europe (223 000 units) and the USA (159 000 units).
- The Chinese market for electric and plug-in hybrids vehicles has increased by 53%, thanks in particular to tax incentives decided by the government for this type of vehicle.
- In 2016, BYD dominated the market, with 100,173 sales, ahead of BAIC (42,119), Zotye (29,571), Zhidou (20,292), Geely (17,181) and Chery (16,017). These six brands alone account for 45% of sales of rechargeable electric and hybrid vehicles in China.
- The ten best selling models are: BYD Tang (31,405 units), BYD Qin (21,868), BYD e6 (20,605), BAIC E-series EV (18,814), BAIC EU260 Zotye Z100 (16,417), CheryeQ (16,017), BYD e5 (15,639) and SAIC Roewe 550 PHEV (15,145). These ten models account for almost 40% of sales of rechargeable electric and hybrid vehicles in China.
- Inovev expects a Chinese market for BEV and PHEV in the order of 600,000 units for the year 2017.
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