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Canalys:Q1 China sold 1.33 million new energy light vehicles, accounting for nearly half of the global total.

Shulou Source: shulou.com Published: 2023-11-24 18:54:07 10月03日 Update

CTOnews.com August 21 news, technology market analysis firm Canalys today released the global new energy vehicle market dynamic report, this year's Q1 global new energy light vehicle market development analysis. CTOnews.com is organized as follows:

In this quarter, the global development trend of new energy light vehicles is strong, with sales of 2.67 million vehicles and a penetration rate of 14.6%.

China dominates the global market for new energy light vehicles, with sales of 1.33 million vehicles, accounting for 49.4% of the global total.

The penetration rate of new energy light vehicles in Greater China and Western Europe is more than 20%, of which more than 28% is in Greater China.

Pure electric vehicles are the main driver of the new energy market, accounting for 71% of sales; the penetration rate of pure electric vehicles in China is lower than the global average, reaching 67%.

In this quarter, Chinese brand new energy light vehicles reached double-digit market share in four major overseas regions, including more than 60% in the Middle East, Africa and Latin America.

The Latin American market is still dominated by fuel cars, and the market share of Chinese brands is gradually expanding, but it still lags behind European and American / Japanese and Korean brands:

-the top five brands in fuel vehicle sales: Chevrolet, Volkswagen, Nissan, Honda and Hyundai have a 46.9% market share.

-the sales of plug-in hybrid models were 9000, slightly higher than 6000 pure electric models. Chery and BYD plug-in hybrid models ranked in the top two respectively.

Referenc

The trend of Global New Energy vehicle Market: the take-off of Chinese Brands on the World stage

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