In China, the world's largest automobile market, the cumulative sales of vehicles called "new energy vehicles" such as EVs = electric vehicles exceeded 3.8 million units from January to August this year. The number of vehicles is the highest ever, and electrification is accelerating further.
According to the Automobile Manufacturers Association, which is made up of Chinese automakers, 666,000 new energy vehicles such as EVs and plug-in hybrids were sold in China in August.
The cumulative total from January to August this year was 3.86 million units, more than double the same period last year. I was.
The percentage of all new cars, including gasoline cars, has risen to more than 20%, and electrification is accelerating further.
The main factors are the Chinese government's promotion of replacement purchases to EVs as an economic stimulus, progress in infrastructure development such as charging facilities, and intensifying competition between domestic and foreign manufacturers. The industry group predicts that sales of new energy vehicles this year will reach 5.5 million units.
Meanwhile, total new car sales in August were 2,383,000 units, a significant increase of 32.1% over the same month last year, supporting the continued slowdown in the economy.