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| The most recent addition to the Zotye EV lineup: The Z100 EV, E20's one-size larger brother |
Breathing Time Edition
January is the slowest month in the Chinese EV Market, with sales still recovering from the December push, which is usually the best-selling month of the year, with this in mind, sales last January stood at some 5.200 units, almost half of what it was in previous month of December (10.000 units), but if we compare with January of last year, there is a 150% jump in sales, which could indicate some 145.000 units being sold this year.
Looking at the models ranking, the BYD Qin continues to amaze, consistently breaking its personal best performance, month after month, it's now at 1.911 units, a result that represents a third of all plug-ins sold in China last month.
In second we have the Thought Dead Chery QQ EV with a robust 552 units, with another BYD in Third, the e6 triples the sales made twelve months ago to 423 units. With the Denza making its first steps (23 units this month) and the upcoming landing of the Tang SUV, it sure looks that BYD will win another Best-Selling Manufacturer title this year.
There are two Plug-In Hybrids looking to get some piece of BYD Qin's pie, the Roewe 550 PHEV is slowly climbing the ranking, while the GAC Trumphi GA5 REV (Long name, eh?) enters the radar in #9 with 145 units.
A final note on Tesla performance, with only 120 sales, it was only #11 in the ranking a very unfamiliar position for the american carmaker, let's hope Tesla's new management in China gets it right.
| Pl | Model |
Jan. '15
|
| 1 2 | BYD Qin Chery QQ EV | 1.911 552 |
| 3 | BYD e6 | 423 |
| 4 | Zotye E20 | 408 |
| 5 | Chery eQ | 355 |
| 6 7 8 9 10 11 TOTAL | Roewe 550 PHEV Zotye Z100 EV Venucia Morning Wind GAC Trumphi GA5 REV BAIC E150 / E200 EV Tesla Model S
e)
| 348 184 172 145 132 120 5.200 |
(e) - Estimate
Source: Chooseauto.cn; China Auto Web
Tesla sold 120 cars in January in China. Reuters already reported that. Why is your estimate 300?
ReplyDeleteReuters cites one unnamed source that claims Tesla sold 120 cars in January in China.
DeleteThanks for the input, i've updated the ranking.
ReplyDeleteThis is obviously a bogus ranking because KNDI is #1 in China!
ReplyDeleteHa ha. Jose is correct to leave KNDI off because Kandi Tech does not even make electric vehicles! KNDI derive mostly from EV parts and battery pack re-sales to a related-party JV customer as well as from sales of legacy go kart and ATV business. KNDI is a public company trading in the US so you can read their filings to learn all about the business.
DeleteEveryone in the industry knows Kandi is a joke. Only the stock promoters in the US are favorable on this company.
China is an enormous market!
DeleteKandi is not on the list because they are actually not cars and not legal to travel on highways. More like go karts with limited speed and range.
This comment has been removed by a blog administrator.
DeleteCome on man, Jose is a respected blogger doing his best to provide best perspective on the electric vehicle market globally. He attempts to cover all regions and manufacturers - not just China or any single company/supplier.
DeleteThis comment has been removed by a blog administrator.
DeleteDear Jose,
DeleteI don't agree. Remember, you put Twizy on european numbers. So ... ?
Why do you state that January is typically a weak month in China for EV sales?
ReplyDeleteI believe that Q1's are usually soft due to Chinese New Year holiday and extended vacation periods and travel. However, I thought January and March were typically stronger months with slower February due to the holidays.
Is the "weak" January more about tougher m/m compares to strong December with calendar year-end incentives perhaps?
January and February were the slowest months in 2014 (1.994 units in Jan. and 2.179 in Feb.) and in previous years these two were always among the slowest selling, along with November and June.
DeleteI don't see why November and June are among the slowest selling months, but the truth is that they are...
I had been avoiding deleting comments, but some negative/useless comments and/or baseless lies just couldn't go unnoticed, so from now on comments like the ones described will be deleted from the website.
ReplyDeleteAs for Kandi numbers, they are not available at the moment and they will probably be only known with the 1Q report, so until then this ranking won't have Kandi taken in account.
Delete