Hybrid vehicles are eclipsing purely battery-powered electric cars in China's car market. Despite a broader industry trend away from gasoline-only cars, BYD, the market leader, sold over half its 4.3 million passenger cars in 2024 as hybrids. This marks a shift from 2023, and Chinese electric car startups focusing solely on battery-powered models generally saw fewer deliveries compared to companies offering hybrid options.
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.
Chinese electric car startups that have so far only sold purely battery-powered vehicles generally delivered fewer cars in 2024 than companies which also sold hybrid models. Chinese electric car startups that have so far only sold purely battery-powered vehicles ranked lower in full-year deliveries. Electric carmaker
CHINA ELECTRIC VEHICLES HYBRID VEHICLES BYD MARKET TRENDS
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