EV Sales In China Continued Their Upward Climb In May - CleanTechnica

In May 2024, new energy vehicle (NEV) sales in China continued their strong upward trajectory, with total NEV market share reaching 48.7 percent of all new car sales—significantly above the 2024 average of 40.9 percent and marking the highest monthly share so far this year. This growth was driven by a 43 percent year-over-year increase in battery electric vehicle (BEV) sales, totaling 834,000 units, and a 27 percent rise in plug-in hybrid electric vehicle (PHEV) sales, which reached 473,000 units. Overall, the Chinese new car market sold 2.69 million vehicles in May, up 11.2 percent from the previous year. The data also highlighted that Chinese PHEVs tend to have much longer electric-only ranges compared to those commonly sold in the U.S., with some models offering over 150 miles on battery power alone. Significant price cuts—up to 34