Sales of new energy PV soar 150% year on year in April

Shanghai (Gasgoo)- In April, sales of new energy passenger vehicle (PV) reached 73,145 units with a YoY surge of 150% and a MoM sales growth of 31.3%, according to the data released by the China Passenger Car Association (CPCA). The robust YoY sales growth in April signifies huge market demands in NEVs. 

BYD still led the pack in all automakers by April NEV sales, with a YoY surge of 116% to 13,392 units. From January to April, BYD performed excellently with an outstanding YoY increase of 175%. Following BYD, BAIC BJEV sold 11,771 NEVs, soaring 104% over the previous year. Strikingly, Hawtai Motor saw NEV sales skyrocket 15376% to 3,250 units, compared to 21 units in April, 2017. Besides, Chery and SGMW boasted remarkable NEV sales in April.

In terms of the top 10 best-selling NEV models, the BAIC EC Series took the sales championship with deliveries of 7,471 units in April, jumping 72% from a year earlier. The BYD e5 ranked second with sales reaching 4,294 units. The ZHIDOU D2 was the third best-selling NEV model among all NEV models in the Chinese market with deliveries of 4,152 units, up 12% year on year in April.

As to different NEV types by April sales, taking up 52.4% shares, A00 class pure electric vehicle still dominated the pure electric PV market with YoY and MoM sales growth of 87% and 7% respectively to 29,579 units. In terms of PHEV, sales reached 16,677 units, shooting up 243% regarding the same period last year. In this segment, A-class PHEV sales leaped 360% year on year to 15,040 units in April, staying its leadership with market shares up to 90%.