Alternative energy vehicles sales back on increase this March, driven by carmakers

   Date:2016/05/04
 It’s known by the reporter of National Business Daily, Chinese self-owned carmakers, including BYD, JAC, BAIC and ZOTYE AUTO, have all debut their new models at the 2016 Beijing Auto Show. The number of alternative energy vehicles has totaled 147 models at the show, which reflected that carmakers hadn’t slowed down their efforts towards alternative energy vehicles despite that Chinese government’s subsidy for these models has been decreasing.
 
Driven by the carmakers’ efforts, the sales of alternative energy passenger vehicles in Chinese auto market has finally shake off the shadow and back on increase this March, up by 60% compared against last March. The sales of alternative energy vehicles has totaled 39,500 units in the first quarter of 2016, with average monthly sales of more than 13,000 units.
 
Cui Dongshu, General Secretary of China’s Passenger Car Association, said that the decrease in alternative energy vehicles sales this January and February was mainly influenced by the adjustment newly introduced by China’s Thirteenth Five-Year Plan. Other industrial expects also expected more increase in the segment of alternative energy vehicles.
 
According to China’s Passenger Car Association, China’s domestic alternative energy passenger vehicles sales totaled 15,623 units this March, up by 59.6% compared against last March, largely contributed by BYD, BAIC and JAC. To be more specific, BYD topped the sales chart with 7,213 pure battery vehicles and plug-in hybrids, making up 46.2% of the total sales in China’s alternative energy vehicles segment. BAIC and JAC ranked second and third place with 2,426 and 1,802 units respectively. These top 3 alternative energy vehicles manufacturers by sales accounted for 73.2% of the total sales.
 
To be noted, to align with Chinese consumers’ interests in SUVs, many carmakers also introduced alternative energy SUVs, including BYD Yuan, BAIC EX200 and JAC iEV6S, which will also boost the sales of alternative energy vehicles.

Source:Gasgoo

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