Plugin vehicles continue to be all the rage in the Chinese auto market. Plugins got back into the fast lane in July, growing 112% year over year (YoY). They scored over 505,000 registrations last month.
” 27% market share, since the overall passenger car market surged 30%. That surge was thanks to the start of the tax cut on most fossil fuel models .
Another measure of the importance of this market is the fact that China alone represented some 60% of global plugin registrations last month. In addition to placing 5 models in the top 6, the Shenzhen automaker also had the #6 BYD Yuan Plus score a record 19,239 registrations, its. This also completes BYD’s lineup of sales champs in every category . And let’s not forget the upcoming BYDAnd a new star is rising in the BYD all-star lineup, with the BYD Destroyer 05 PHEV already showing up on the table, in #17….
Outside the top 20, a mention goes out to Geely’s rise, with four models scoring record performances, all of them with potential to join the top 20 soon. The Chinese automaker hopes to fight BYD’s current domination, model by model. Launched as a sort of BYD Yuan Plus/Dolphin fighter, the Geometry E, a small crossover, had 5,171 registrations in only its second month. The Emgrand L Hi-X PHEV, a BYD Qin Plus competitor, had 5,586 registrations, also in just its second month on the market.
Other BYDs on the rise were the Dolphin, climbing to #6, and the Yuan Plus jumping three spots to #7. This makes 5 BYD in the top seven positions!
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