Manufacturing News

EV, plug-in hybrid demand remains strong

Combined sales of electric and plug-in hybrid vehicles in China rose 55 percent year on year to about 57,000 vehicles in July, according to the China Association of Automobile Manufacturers.

During the month, EV sales soared 70 percent from a year earlier to around 45,000 vehicles while deliveries of plug-in hybrids rebounded for the second month in a row, increasing 16 percent to approximately 12,000 vehicles.

Sales growth of so-called new-energy vehicles has accelerated since the Chinese government resumed subsidies in January after suspending the incentives during a yearlong probe into subsidy fraud.

This year through July, China’s EV and plug-in hybrid sales approached 251,000 vehicles, a jump of 22 percent from the same period last year.

During the first seven months, EV deliveries advanced 34 percent to around 204,000 vehicles. But plug-in hybrid sales dropped 13 percent to roughly 47,000 vehicles because of sluggish demand in the first five months.

In China, only EVs, plug-in hybrids and fuel cell vehicles qualify for government subsidies. To date, no automaker has launched sales of a fuel cell vehicle.

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