CATARC report - October 2018: NEV trends in China
New energy vehicle production exceeds 110,000 units in September
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 (excluding vehicles equipped with a lead-acid battery) in September 2018 increased by 16.08% month-over-month (m/m), marking a record high for monthly production. A0-segment cars and sport utility vehicles (SUVs) accounted for the majority of the production share of new energy passenger cars. Cruising ranges of core models were 300 km and greater. Production volumes of new energy vehicles in September 2018 for electric vehicles (EVs) and plug-in hybrid vehicles (PHVs) accounted for 76% and 24%, respectively, of the production share. By vehicle type, production volumes of passenger cars, buses, and special-purpose vehicles accounted for 84%, 8% and 8%, respectively, of the share.