Friday, July 26, 2024

New Electric Vehicles Sales Record in China: 412,094 In November 2021

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November 2021 electric car sales in China recorded the most monthly sales on record. For the first time, sales of electric vehicles have reached more than 400,000.

In November 2021, a total of 412,094 new passenger electric vehicles were registered. This number doubled compared to sales in the same month last year (up 106% year-on-year).

See also: Toyota and Lexus target of 3.5 million Electric Vehicles (EV) sales by 2030

Not only is the volume increasing, but also the market share, which climbed to a very strong 19%, including 15% all-electric and 4% plug-in hybrid cars.

This good momentum makes optimism that sales in December will also increase significantly. It may reach 500,000 sales for the first time.

Throughout 2021, there will be 2.7 million electric passenger cars sold in China. This amount represents 14.3% of the total market.

See also: 40,395 Wuling Hongguang Mini EV were sold in China by November 2021

At this point, it is predicted that electric car sales in China will exceed 3 million units in 2021. This is a significant increase compared to 2020 with 1.27 million units.

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