Strong Growth In The Chinese Market This Year, The Global Annual Sales Of Electric Vehicles Is Expected To Break Millions

- Dec 12, 2017 -

The latest data show that the third quarter of this year, the global sales of electric passenger cars continue to rise, or even set a new record, thanks to the strong growth of China's electric car market. According to EV Sales website, from January to September this year, global pure electric vehicles and plug-in hybrids sold more than 287,000 units, an increase of 63% over the same period of last year. The first three quarters of this year, the global sales of electric vehicles more than 737,000. According to the current growth trend, Bloomberg New Energy Finance estimates that the global sales of electric vehicles will exceed 1 million units for the first time this year.


global electric car market is hot

There is no doubt that the current global performance of the electric car market dazzling, inseparable from the strong demand in China to promote. Since the beginning of this year, the Chinese government has stepped up environmental protection and vigorously promoted NEVs. Not only has the "double integration" policy been introduced, but it is also considering a timetable for setting up a fuel-efficient car. This series of measures boost China, the world's largest electric car market faster development. In the third quarter of this year, the sales volume of electric vehicles in China increased by 37.7% over the same period of last year, accounting for a doubling of the global market share, accounting for over 50% of the total.


Alexander Otunnufan, a car analyst at Bloomberg New Energy Finance said: "The development of new energy vehicles is China's national policy. On the one hand, the increase of car ownership has led to increased air pollution in some major cities in China. The government hopes to reduce automobile emissions, On the other hand, China hopes to build a local electric car giant to better compete in the international market and achieve 'cornering overtaking' in the automobile industry. "With measures such as providing car subsidies and issuing new car licenses, In recent years, the sales volume of electric vehicles in major cities such as Beijing and Shanghai have increased rapidly.


In the third quarter, Europe became the second largest market for electric vehicles in the world, with sales accounting for about 24% of global sales, followed by the North American market. Affected by the mass "door-to-door" scandal, many European countries have set ambitious goals for green travel, with both France and Britain intending to ban the full fueling of the 2040 fuel trucks. The Netherlands hopes that all new cars sold by 2030 will be zero-emissions vehicles . In addition, unlike U.S. President Trump's energy and environmental protection policy, California also plans to implement tougher vehicle emissions standards.


Bloomberg New Energy Finance predicts that the global sales of electric vehicles will exceed 1 million for the first time in 2017 and even reach 1.1 million to 1.2 million units. The development of charging infrastructure is getting more and more perfect. Coupled with the longer driving range of electric vehicles have been listed, is gradually eliminating consumer mileage anxiety. At the same time, VW, Daimler, Jaguar Land Rover and Volvo and other car prices have recently released a generous electric vehicle product planning, this year can be said that the electric car market began to take off the year.


Beiqi EC sales into the king

According to EV Sales website, global EV sales in September increased by 55% year-on-year to 123,000 units, surpassing the single-month sales of all months in last year. According to the current growth trend, it is conservatively estimated that the sales volume of global electric vehicles in the fourth quarter will exceed 300,000 and the annual sales volume will exceed one million. There is almost no suspense. In addition, the data show that pure electric vehicles still account for 64% of the global sales of new energy vehicles, unchanged from the same period of last year.


In September this year, Tesla and Beiqi New Energy accounted for half of the global sales of electric vehicles. It is noteworthy that the Beijing Automobile EC Series September sales of up to 9,143 single-month, a record single-electric car sales record, a true sales king. Tesla Model S came in second and September sales of 8110 units, which also created a single-month Tesla sales record, followed by the Model X. Know beans D2 to 5084 sales in the fourth row, JAC iEV6S sales of 3021, both cars have created their own brand sales record.


The first three quarters of this year, the global top 10 models of electric car sales compared to last year, there have been significant changes. Tesla Model S became the champion of sales with good growth momentum. Beiqi EC series caught up with Nissan Leaf and ranked third in the total sales ranking and became the hot spot for 2017's best-selling electric model. In addition, BYD Song plug-in hybrid car beat Chevrolet Voltara ranked No. 9, BMW i3 also overtakes Renault Zoe to become No. 7 and become the best-selling models in Europe. As the forthcoming replacement, the former champion Nissan Leaf only came in fourth.


China's own brand to power

In addition to car rankings, EV Sales website also announced the top three quarters of the major car brands total sales of electric vehicles rankings. Tesla is a well-deserved leader in the electric car market, setting a new record of 14,348 units sold in September. In addition, BYD, BMW and Beijing Automotive also set different sales records: BYD once again refresh its best monthly performance (11786 units), BMW is the first sales broken million (10099), while the BAIC monthly Sales will soon be over million (9489).


As can be seen from the above series of data, this year's global electric car sales ushered in a small climax, for the first time in history, there are three brands sold over a million vehicles a month, respectively, Tesla, BYD and BMW, while the Beijing auto sales are about to pass Wan. In addition, there are three brand market performance is also very good: Chevrolet and knowledge beans sales hit a new record, Volkswagen September sales is the best result since this year. However, the position on the public list at stake, although the Chinese brand Roewe ranked 11th, but unwittingly catch up with the public.


As of September this year, more than half of the top 10 car brands in sales surpassed their sales last year, namely BMW, BAIC, Volkswagen, Toyota, Chevrolet and Renault, which also shows that the electric car market is full of dynamism this year full. Among them, Beiqi is the most eye-catching performance, the first three quarters of this year sales have exceeded last year's total sales volume of 16%.


According to Automotive Group, in the first three quarters of this year, although the share of the EV market of Renault-Nissan Mitsubishi Alliance dropped by 2%, it still topped the list with 89,245 units and surpassed Tesla and is expected to become the highest sales volume of electric vehicles in 2017 Automotive Group. BYD rely on pure electric models beat BMW Group third. It is noteworthy that SAIC has ranked in the top 10 list. As a result, the top 10 auto groups, the Chinese car prices accounted for four places, namely BYD, BAIC, Geely and SAIC. Foreign media forecasts, relying on cost-effective electric models, the Chinese car prices will continue to climb.


Source: China Battery Network

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