CATARC report - August 2018: NEV trends in China
New energy vehicle production reaches 80,000 units in July
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.
Production volume of new energy vehicles (electric vehicles [EVs], plug-in hybrid vehicles [PHVs], and fuel cell vehicles [FCVs]; excluding vehicles equipped with a lead-acid battery) in July 2018 slightly increased by 27.82% month-over-month (m/m). By vehicle type, production volume of EVs and PHVs accounted for 72% and 28%, respectively, of the production share, and passenger cars, buses and special-purpose vehicles accounted for 88%, 4% and 8%, respectively, of the share.
Production volume of new energy vehicles in July 2018 was on an expanding trend after production was adjusted in June. In particular, expansion of production volume of passenger cars was notable. In addition to the SAIC Roewe SUV, which many units were produced in the first half of 2018, new models, such as the BAIC EX360, BYD Yuan, Emgrand GSE, and Chery Tiggo 3xe480, drove the expansion of passenger car production.