China June 2014 (Second Update)

Automotive

Party Crasher, this E20...

Dark Horse(s) Edition

Fascinating times in China, not only EV sales are going to straspheric heights, outrunning the previous month for the seventh(!) consecutive time and selling seven(!) times more cars than the same month last year (5.503 vs 832). As consequence of this, the EV share jumped to 0,21% and the chinese market overrun Japan as the second largest EV market in the world! And to think only Chinese brands and Tesla are selling here...

The models ranking is also evolving fast, with little known competitors, like the Kandi EV or Zotye E20, playing eye-to-eye with the established players.

...Just like the Smart Kandi

BYD is still #1, with its Qin continuing to improve sales (1.055 units, this month), but it's now closely followed by the Kandi EV, a vehicle built for a car-sharing network not unlike Bolloré in France, that has a goal of producing 100.000(!) EV's in the next couple of years.

Tesla is already #4, selling 958 units in June, and below the american car there is another meteoric career from another dark horse, that of the Zotye E20, after just four months in the market it's already selling 780 units per month and rising to #5 in the YTD ranking.

Another proof that things are changing fast, is that four out of the top 5 EV's in China have been launched on the market in the last 7 months...And there's another bunch of electric cars coming soon! (Denza EV, Venucia e30, BYD Tang...)

Pl	China	June	YTD	%	'13Pl
1	BYD Qin	1.055	5.357	27	9
2	Kandi EV e)	1.400	5.329	27	N/A
3 4 5	Chery QQ3 EV e) Tesla Model S Zotye E20	600 958 780	3.816 1.545 1.428	19 8 8	1 N/A N/A
	TOTAL	5.503	19.876	100

e) Estimate

Source: Best Selling Cars Blog; d1ev.com; http://247wallst.com/autos

Automotive