China EV sales for June 2019, Tesla Model 3 makes it in top five

18 July 2019, 05:10:56

China EV sales for June 2019, Tesla Model 3 makes it in top fiveThe EV Sales blog has published statistics for the Chinese market in June 2019. As a whole, June has been better than May in terms of sales growth. They are up 72% YoY mainly due to the sales growth of BEVs, whose growth is 97% YoY. The PEV share has reached a record 8.5% market share in June and the author predicts that in some months it might hit 10% or more.

This growth in the previous month is explained with the fact that as of June 26th, the state subsidies for NEVs with less than 250 km of range are cut off entirely. In addition, the subsidies for vehicles with higher range are halved. So most of the people who wanted to buy a small EV have done it. The next months will be a test for the EV market in China and what types of NEVs will pass it successfully.

In terms of models stats, June shows significant changes in the top five list. The first place is for the BAIC EU series with record 17,916 units sold last month, reaching the #15 spot in the overall ranking. The second place is also the biggest surprise in the chart. The second biggest Chinese automaker after Geely - Changan, has taken it with its Eado EV which sold 7,340 units. The third in line is the BYD Yuan EV with 6,566 units sold in June. The Tesla Model 3 comes fourth with estimated 6,500 units of June, representing the best score ever for a foreign model in China. The fifth place is taken by the Chery eQ - one of the pioneering EV brands, with 4,965 units sold last month. Another interesting vehicle is the JAC iEVS4 EV with the joint development of Volkswagen which registered 3,156 units in only its 3rd month on the market.

In terms of brand stats, the market leader is BYD with 22% thanks to a number of EVs, three of which are best sellers. It is followed by BAIC with 10%, SAIC with 8% and Geely with 6%. Source

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