Plugin Electric Vehicles Get 30% Share Of Auto Market In Another Record Month In China
registrations last month, placing it 4th in the plugin market. That’s a somewhat disappointing performance, especially in anwhich probably contributed to the automaker’s decision to lower prices in the beginning of 2023. With the new price cut and looking at 2023’s sales performance, expect it to continue growing throughout the year, possibly ending around the 400,000 unit mark.
, and with exports said to start in 2023, we could see it compete for #2 in the global plugin full size category, along with the BYD Tang. Dongfeng’s E-Series continued racking upsales, reaching a record 9,075 units in December, while the BAIC EU-Series showed that it is still alive by scoring 8,840 registrations, its best score in 3 years!Cadillac-Escalade-like
In the EV startup section, we should mention the record 7,594 units of NIO’s ET5 midsize sedan. The stylish EV did its best to provide the volumes and scale that NIO so desperately needs., the BYD Song is the 2022 best seller, succeeding the Wuling Mini EV. The Song ended with more than 50,000 units above the runner-up, the aformentioned Wuling EV. This is the first time since 2016 that a BYD model topped the model chart in China, with the honor at the time going to the BYD Tang.
Still on the topic of BYD, with the small Seagull landing soon, will the Shenzhen automaker have a shot at winning the city car category in 2023? Well … I don’t think so. There’s so much going on in the brand’s lineup in the categories above that I do not expect BYD to prioritize the Seagull production ramp-up. But in 2024 … who knows?
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