Automotive
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| The veteran BYD still has some aces up its sleeve |
New Year Break
Although with incomplete data, we have nearly 9.000 EV's counted last month, a 77% increase over the same month last year, the largest holiday in China are the New Year festivities and it shows on the auto market, being usually the slowest sales month of the year, with EV's also following that rule, so from here on, it should be 5-digit sales all the way to December...
Looking at the models ranking, the BYD Tang SUV had a somewhat disappointing month in February, delivering only 2.098 units, its worst result in five months, something that might be explained by the unexpected good result of two other BYD models: The Qin went back to the 4-digit area (1.063 units), while the old boot e6 had a YoY three-fold jump to 1.105 units, proving once again that BYD is production constrained and can't put all their models at full speed at once.
The #2 BAIC E-Series, on the other hand.is proving to be rather consistent lately, selling for the third consecutive time at around 1.600 units (1.576 in February).
The #2 BAIC E-Series, on the other hand.is proving to be rather consistent lately, selling for the third consecutive time at around 1.600 units (1.576 in February).
Looking at the Manufacturers ranking, BYD reigns supreme, with 42% share and four models in the Top 5, followed from a far by BAIC (15%) and Zotye (9%).
An interesting stat is the fact that PHEV's now have 41% of the plug-in market, a contrast with the 31% of last year, or the 10% of 2013.
| Pl | Model | Jan - Feb |
| 1 | BYD Tang | 6.110 |
| 2 | BAIC E-Series EV | 3.222 |
| 3 | BYD e6 | 1.791 |
| 4 | BYD Qin | 1.580 |
| 5 | SAIC Roewe 550 PHEV | 1.566 |
Source: http://www.chooseauto.com.cn/xlph/
