Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Plugin vehicles are all the rage in the Chinese auto market. Plugins scored over 750,000 sales last month, up 36% year over year (YoY) and a new record. That pulled the year-to-date (YTD) tally to over 4.6 million units. […]
Sustainable Business Virtual Trade Showlast month, up 36% year over year and a new record. That pulled the year-to-date tally to overof the country’s auto sales. This kept the 2023 share at 36% , and considering the current growth rate, we can assume that China’s plugin vehicle market share will end over 40% by the end of 2023.
For these targets to be met, the midsize L6, due to be launched sometime next year, will be a critical part of the puzzle. But then again, just look at it — not only is it the most attractive NIO model right now, but it’s also one of the most beautiful station wagons around. Kudos, NIO! Looking at the 2023 ranking, the BYD Song is well above the competition, while the runner-up BYD Qin Plus has kept the #3 Tesla Model Y at bay. Will the Chinese sedan resist the US crossover’s pressure in September?
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