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China December 2020

EV Sales

BEV), almost one percent increase over the 2019 result of 5.5%, and the same result the market had at the time of the last subsidy change, in the summer of 2019, so one can say that the Chinese EV market took 18 months to recover from impact of the subsidy change. In the largest automotive market in the World.

2020 98
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Global Top 20 - December 2020

EV Sales

While BEVs were a hot item last month, jumping 81%, to a record 407.000 units, PHEVs were even hooter, shooting 205% in December, allowing them to end the year with 31% of plugin sales, up 5% from the 26% of 2019, giving credit to those that say that PHEVs will still be around for a while. BEV) of 2019. share (4.9%

2020 98
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund. In FY2024, electric car and SUV sales in India jumped 90% to over 90,000 units.