Sales of EVs to Hit 6 Million in China

As demand for cleaner cars surges, electric vehicles sales in the mainland are forecast to hit a record six million this year

That figure was based on the revision done by the China Passenger Car Association, which raises its estimate from 5.5 million as data showed deliveries of new energy vehicles more than doubled in July to around 486,000 units – accounting for 26.7 percent of the new auto market.

According to PCA, Overall passenger vehicle sales rose 20 percent from a year earlier to 1.84 million units.

The forecast represents a doubling from last year’s 2.99 million new energy vehicle sales, underscoring the dramatic growth in demand for cleaner cars in China and the challenge for legacy automakers to adapt in a market that is rapidly going green.

And the increased forecast of six million is “relatively cautious,” the PCA added, so it could be increased further at the start of the year’s fourth quarter.

Meanwhile, Tesla delivered 28,217 cars, with 8,461 going to the local market and 19,756 exported while BYD earlier reported monthly sales of 162,530 units.

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