China Hits 50% EV Sales in September: A New Global Benchmark
China is setting records in the electric vehicle (EV) market, reaching an incredible milestone where 50% of all cars sold in September were EVs. This surge is not just due to hybrids or plug-in hybrids, as some may believe, but is largely driven by fully electric vehicles. Battery deployment data from leading companies like BYD and CATL confirms this.
EV Sales vs. Plug-in Hybrids: The Real Story Behind the Numbers
Many believe hybrids are driving this growth, but the reality is different. Fully electric cars (EVs) are dominating the market. Here’s a breakdown of the key figures:
| Vehicle Type | Sales in September | Year-over-Year Growth |
|---|---|---|
| Fully Electric Vehicles | 800,000+ | +24% |
| Plug-in Hybrids | 500,000+ | +84% |
| Total NEV Sales | 1.3 million | +42.3% |
This growth is directly tied to the massive increase in battery deployments. According to reports, battery sales have doubled this year alone. Learn more about how batteries are powering this revolution in our in-depth article on EV Battery Technologies on EV Gear Review.
China’s Electric Vehicle Revolution: What’s Driving It?
As Sam Evans from The Electric Viking points out, while the media often claims EV sales are faltering, China’s EV market has actually skyrocketed. In September alone, NEV sales grew by 177% compared to the previous month. Companies like BYD and CATL have seen a 45% increase in battery deployment this year, further cementing China’s dominance in the global EV market.
To get a clearer picture of what’s driving EV sales in China, check out this article on Carwale’s EV Industry Trends.
The Global Reach of China’s EV Manufacturers
It’s not just within China that EVs are taking off. Chinese car manufacturers are exporting their vehicles to markets worldwide, from Southeast Asia to Australia and the UK. Notably, 67% of the world’s NEV sales from January to August this year were produced in China.
Here’s a look at the top EV exporters from China:
| Top Exporter | Position in 2024 | Key Market |
|---|---|---|
| Chery | #1 | Southeast Asia, Australia |
| SAIC | #2 | Global |
| BYD | #6 | Worldwide |
| Tesla (China) | #7 | Global |
For more details on China’s growing global market, read our latest article on EV Export Trends.
The Future of EVs: What to Expect
With a 45% growth in battery deployment and continued innovation, the future of EVs looks unstoppable. If current trends continue, we could witness the downfall of internal combustion engines in just a few years.
For a deeper dive into what’s next for electric vehicles, check out Carwale’s predictions on the future of EVs. Want more updates on the latest EV trends? Subscribe to our newsletter for insider news on electric vehicles, global car markets, and cutting-edge technology!
