CATARC report - July 2015: New Energy Vehicle trends in China
EVs and PHVs drive record high electrified vehicle production in June 2015
Production volumes in China (Summary)
This report is based on a report by Beijing CATARC Automotive Technology Development Company*;
MarkLines has edited and translated the company's report to prepare this report. Click here for a list of CATARC reports.
Fig. 1 Production volume of electrified vehicles (Jan. to Jun. 2015)
Production volume of electrified vehicles in June 2015 in China increased by 32.6% month-over-month (m/m) and by 3. 8-fold year-over-year (y/y) to 27,894 units (654 electric vehicles [EVs] equipped with lead-acid batteries were included). Production volume for the month marked a record high. Looking at the production share by vehicle type, production share of passenger cars declined by 8 percentage points m/m to 70% and production share of EVs increased by 2 percentage points m/m to 68%. Production share of hybrid vehicles (HVs) in June declined for two consecutive months to 2%. Production volume of "new energy passenger cars" (EVs and plug-in hybrids [PHVs] only; (HVs and EVs equipped with lead-acid batteries were excluded) was 18,450 units, which accounted for 1.16% of total production share of passenger cars in June in China. Production share of passenger PHVs on a y/y basis and that of special-purpose EVs on a m/m basis marked a record high.