China and global EV sales growth continues robust
China’s EV sales continued to grow at double digits in August, supporting global EV sales growth. China’s EV sales rose 10% m/m and are now up 109% y/y YTD August. For the second month in three the Wuling HongGuang Mini lost its spot at the top of the sales charts and its clear that that model’s momentum is starting to fade. The best-selling unit in China was the BYD Song PHEV. China’s top ten sellers are still dominated by smaller vehicles with only three models in the top 10 boasting a battery size larger than 60kWh. While the median battery...
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China
Europe
EV sales
EVs
