Source link : https://tech365.info/a-story-of-two-markets-bevs-up-20-yoy-phevs-down-10-yoy-in-china-cleantechnica/
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BEVs represented 36% the overall Chinese language automobile market in October.
We noticed plugins rating one other million-plus gross sales in September (1.3 million plugins, in a 2.2-million-unit general market, down 1% YoY), however progress has been slowing down, with October displaying solely a 7% enhance over October 2025.
Digging deeper into the numbers, whereas BEVs continued to develop, going up by 20% to 812,000 items, or 36% of general gross sales, PHEVs have been down once more, this time by a big 10% YoY, to some 470,000 items. And even EREVs should not escaping the plugin hybrid doom and gloom, as they have been additionally down, by 8% YoY.
Counting each powertrains collectively, we get near 1.3 million items, which is close to a report degree, only some thousand items beneath the all-time excessive set final December. So, if this report doesn’t fall in November, then it is going to certainly occur in December.
With BEVs persevering with to develop by double-digit percentages and PHEVs accumulating months within the crimson, have we reached a turning level in PHEV adoption?
Recently, we’ve got been listening to conflicting narratives concerning the Chinese language EV market, with some persevering with to speak about surging gross sales, whereas others spotlight the struggles that the market is experiencing now, and sooner or later.
In my view, each narratives will be proper, relying…
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Author : tech365
Publish date : 2025-11-21 03:33:00
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