China Association of Automobile Manufacturers: China's new energy vehicle market fell by about 4.0% in 2019

According to the China Association of Automobile Manufacturers (CAAM), total sales of new energy vehicles (NEVs) - including cars, buses and commercial vehicles - have continued to decline since subsidies were cut in the summer.

In December, the declines were still significant, especially for plug-in hybrids, even though this only accounts for a small portion of the total plug-in car market:

Total number of new energy vehicles: production of 151,000 units (down 33%), sales of 163,000 units (down 30%).

Electric vehicles: production of 133,000 units (down 27%), sales of 145,000 units (down 26%).

Hybrid vehicles: production: 16,000 (down 62%), sales: 17,000 (down 53%).

China's new energy vehicle market has been dominated by electric vehicles since the beginning of record:

Due to weakness in the second half of the year, the overall new energy vehicle market fell by about 4.0% in 2019 to 1.2 million vehicles.

Total number of new energy vehicles: production of 1.242 million units (down 2.3%), sales of 1.206 million units (down 4.0%).

Electric vehicles: production of 1.02 million units (up 3.4%), sales of 972,000 units (down 1.2%).

Hybrid vehicles: production of 220,000 units (down 22.5%), sales of 232,000 units (down 14.5%).

Hydrogen fuel cell electric vehicles: production of 2,833 units (an increase of 85.5%), sales of 2,737 units (an increase of 79.2%).

Hydrogen fuel cell electric vehicles were the only segment to see growth in sales.

China's plug-in electric vehicle sales have shrunk for six consecutive months.

EV Sales Blog reports that December sales were close to 150,000, down 22% from the same month last year (the overall auto market was down just 1%). That’s a 6.8% market share. Both types of plug-in electric vehicles and plug-in hybrids saw declines, with electric vehicles down 17% and plug-in hybrids down 45%.

199IT.com Originally compiled from: China Association of Automobile Manufacturers. Please do not reprint without authorization