Tuesday 19 May 2015

China EV sales April 2015 in context



EV-sales.blogspot.de: From XL to XS, from posh SUV's to commercial vehicles, BYD is determined to cover every possible EV niche

After an historic month in March, the Chinese EV sales fell some 2.000 units regarding the previous month to 9.000 units, which is still the third best month ever and a whole lot more than the 3.800 registrations made a year ago, so the market continues on record pace and the EV Share is above 0.4%.

Looking at the models ranking, while most models sales declined regarding March, the #1 BYD Qin just keeps on going in its never-ending record spree (Now at 2.625 units) that has been happening every month since its introduction in December '13!

One might say that achieving those numbers in a market as large as China is easy, but remember, if the Qin was only #157 in the General Ranking, the best selling EV in the US last month (Model S) was #158!

The good news for BYD didn't ended there, with the veteran e6 (With improved range soon), performing a year best, by selling 890 units and securing the Bronze Medal in the Monthly Ranking, behing the much cheaper Zotye E20, while rising at the same time three positions in the YTD ranking, to #5.

There were also other moves in the ranking, the Zotye E20 climbed to #2, the Chery QQ EV recovered a bit of protagonism, recovering to #4, all while JAC had its best month in two years(!), selling 584 units and joining the Top 10 at the same time.

With the Qin and e6 running at full speed, BYD doesn't even need to promote the Denzabastard or rush the Tang landing, as it continues to rule the market, with 37% Share, well ahead of the #2 Zotye, with 17%, and #3 Chery, with 11%.