Shanghai (Gasgoo)- According to the data released by the China Passenger Car Association (CPCA), China's new energy PV (NEPV) wholesale volume in May 2019 amounted to 96,918 units, climbing 5.1% compared with the performance of a year ago (PVs mentioned here merely refer to China's locally-produced cars, SUVs and MPVs).
(Photo source: http://www.bydauto.com.cn/)
Although the 5.1% year-on-year growth was much lower than the increase rate for April, China still saw its NEPV wholesale volume surge 58% from a year earlier to 441,475 units for the first five months.
For the month of May 2019, the all-electric PV sales reached 76,153 units, grew 7% over the year-ago period as well. Of that, only 7 units came from the MPV sector. Pure electric car sales fell 12% year on year to 52,347 units, while SUV sales skyrocketed 114% to 23,799 units.
The wholesale volume of plug-in hybrid vehicles (PHEVs) reached 20,765 units, representing a year-on-year increase of 8%, while shrinking 18% from the previous month. On the contrary to the BEV performance, plug-in hybrid car sales jumped 21% from a year earlier to 11,788 units, while SUV sales slumped 29% to 6,693 units.
As to performances of specific BEV segments in May, the wholesale volume of the A00-segment vehicles tumbled 61% over the previous year to 17,647 units. Besides, the sales of the A0-segment soared 32% to 12,026 units. Thanks to the promotion by private use and car-hailing service, the A-segment, with 42,485 units sold, gained a year-on-year zoom of 151%. It is noteworthy that the B-segment’s wholesale volume amounted to 2,921 units with a splendid growth of 1,714% compared with the same period a year ago.
The association's data showed that BAIC EU Series was the champion China-made NEPV model by May retail sales. The BAIC BJEV-owned model also gained marvelous year-on-year growth of 9,308% and 1,246% in March and April retail sales. BYD got three models on the top 10 list by May retail sales. Apart from the runner-up BYD Yuan EV, the BYD e5 and the BYD Qin Pro EV ranked 9th and 10th respectively.
Among the top 10 NEPV models by Jan.-May retail sales, BYD took three places of the top four. The JAC IEV 6E was the only one that faced year-on-year negative growth.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:email@example.comSeller Service:firstname.lastname@example.org