EV Sales in China Are 142 Percent Higher than Same Time Last Year
Data from the China Association of Automobile Manufacturers (CAAC) revealed that in May 2018, 96,000 electric vehicles (pure electrics and hybrids combined, comprising what the Chinese government and media refer to as “new energy vehicles”) rolled off assembly lines, while 102,000 units were sold, increases of 85.6 percent and 125.6 percent, respectively, over the same period last year. Production of pure electrics reached 77,000, while sales amounted to 82,000 units, increases of 75.9 percent and 112.8 percent year-on-year. Chinese automakers produced 19,000 plug-in hybrids and sold 20,000 units, up 138.8 percent and 196.8 percent.
Source: Renewable Energy