China‘s passenger car market recorded another solid month, with sales up 10% YoY in September. Meanwhile, the plug-in electric vehicles market share increased to over a third of the overall market, according to InsideEVs.
It is worth noting that over 50% of all plug-in electric vehicle sales worldwide are attributed to China. EV Volumes’ data via Jose Pontes reveals that around 636,000 new passenger plug-in electric cars were registered in China in September, up 78% from a year earlier. It accounted for about 35% of the total volume.
Remarkably, all-electric car sales (475,00) and plug-in electric car sales (161,000) set this excellent record. In fact, PHEV sales have increased 148% YoY in the past month, outpacing all other types of vehicles.
Results for the month:
· BEVs: about 475,000 (up 62%) and 26% share
· PHEVs: about 161,000 (up 148%) and 9% share
· Total: 636,223 (up 78%) and 35% share
Interestingly, more than 4 million new plug-in electric passenger cars have been registered in China this year to date. It exceeds the amount for the entire year 2021.
However, it is also worth noting that approximately 3.2 million plug-in electric vehicle registrations totaled about 153% more than the previous year in 2021. (from 1.27 million in 2020).
· BEVs: about *3.07 million and 22% share
· PHEVs: about *0.98 million and 7% share
· Total: 4,050,537 and 29% share
* estimated from the market share
China Passenger Car Association (CPCA) estimates that around 6 million passenger plug-in electric cars might be sold in China in 2022.
Model rank
As evident from the data provided, seven of China’s top ten best-selling models were rechargeable. It is also remarkable that the Tesla Model Y once again led the market during a month with a high number of deliveries (46,694).
Trailing behind Tesla Model Y is the BYD Song, with 45,934 deliveries for all its versions. Third place went to the Wuling Hong Guang MINI EV (37,416). Nissan Sylphy, the top ICE model, came in fourth, followed closely by BYD Qin (36,058).
Despite being second, six of the best plug-in models in China came from BYD.
Top 10 for the month:
1. Tesla Model Y: 46,694
2. BYD Song Plus (BEV + PHEV): 45,934
3. Wuling Hong Guang MINI EV: 37,416
4. BYD Qin Plus (BEV + PHEV): 36,058
5. BYD Han (BEV + PHEV): 31,497
6. Tesla Model 3: 30,919
7. BYD Dolphin: 24,956
8. BYD Yuan Plus BEV: 23,069
9. BYD Tang (BEV + PHEV): 15,058
10. GAC Aion S: 13,522
* BEV and PHEV versions of the same models were counted together in the source.
The Wuling Hong Guang MINI EV continues to dominate the market in terms of volume year to date. However, its lead against the BYD Song (BEV + PHEV) has shrunk again.
Meanwhile, the Tesla Model Y drew closer to the BYD Qin family. Six BYD models got in on the top 10 rankings for the year-to-date. Far behind is the AC Aion with 81, 201 units.
Top 10 year-to-date:
1. Wuling Hong Guang MINI EV: 316,238
2. BYD Song Plus (BEV + PHEV): 285,288
3. BYD Qin Plus (BEV + PHEV): 234,237
4. Tesla Model Y: 219,405
5. BYD Han (BEV + PHEV): 179,879
6. BYD Dolphin: 127,432
7. BYD Yuan Plus BEV: 115,160
8. Tesla Model 3: 99,944
9. BYD Tang (BEV + PHEV): 92,547
10. GAC Aion Y: 81,201
Brands
BYD is growing stronger each month as a manufacturer and a brand. The report shows BYD manufactures every tenth new passenger vehicle in its homeland.
Top brands by share in the plug-in segment year-to-date:
· BYD: 28.9%
· SAIC-GM-Wuling: 8.7%
· Tesla: 7.9%
· Chery: 4.5%
· GAC: 4.5%
· Geely: 3.8%
· Volkswagen: 3.5%
Top automotive groups by share in the plug-in segment year-to-date:
· BYD: 28.9%
· SAIC: 11.3%
including SAIC-GM-Wuling joint venture (between SAIC, GM and Liuzhou Wuling Motors)
· Tesla: 7.9%
· Geely-Volvo: 5.6%
· GAC: 4.7%
· Chery: 4.6%
· Volkswagen Group: 4.1%
· Dongfeng: 3.9%
