Battery car sales in China set new record

Battery car sales in China set new record

August 20, 2021 0 By autotimesnews

At the same time, experts note that since 2011, the price of electric cars in the China has dropped by 47 percent.

In July, Chinese sales of electrified vehicles set a new all-time high. Impressive statistics were posted by the portal.

Nevertheless, the figures turned out to be slightly less than in June. Thus, in July it was possible to sell 231 thousand of these machines. This is only 4 thousand less than the June results. Nevertheless, the growth in relation to last year was as much as 143 percent.

Today, the market share of battery-powered vehicles in China is 15 percent. It is significant that of this number, pure electric vehicles account for 12%, and the remaining three for hybrids. Let’s remind that last year’s share was at the level of 9.4 percent.

The segment leader, as before, remains the Wuling Hongguang Mini EV, with a circulation of 212.5 thousand cars. Against this background, the results of its closest rival Tesla Model 3 seem somewhat dull – 91.5 thousand copies.

The statistics of JATO Dynamics cited by are also interesting. According to them, in China, the cost of pure electric vehicles has fallen by 47 percent since 2011, thanks to the effective measures of the Chinese government to support manufacturers and buyers. Today the average price for this kind of transport reaches 22,100 euros.

Similar statistics are also noteworthy in Europe and the United States, where prices for electric vehicles increased by 28 and 38%. The average cost in Europe is not given, but in the US it is 36,200 euros