China plugs in: more plug-in cars than fuel cars sold for the first time

EV advance in China continues

Electric car sales in Europe currently seem to be in reverse.
It was announced this week that EV sales in Germany were another major setback last month.
As if that were not enough, Schaeffler, one of the automotive industry’s largest suppliers, announced that they will produce fewer EV parts due to declining demand.
The decision points to broader problems within the European EV market.
Manufacturers and suppliers are beginning to scratch behind their ears about the future of electric mobility on the continent.

China

In China, it is a very different story.
For the first time in history, more cars there were sold with a plug than with a gasoline or diesel powertrain.
In July, a whopping 50.8 percent of cars sold were electric or hybrid.
Chinese automakers such as BYD, Lynk & Co. and SAIC did good business.

Just the beginning?

However, total new car sales did fall 2 percent to 1.73 million units.
During the first seven months of this year, the market share of plug-in cars is 43.1 percent.
Beijing wants this figure to go higher and is fully committed to promoting electric cars.
They want to ensure that electric driving is not just something for big cities, but also for rural areas and smaller towns.

Also read: Decline in electric car sales Germany continues solidly