Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Plugin vehicles are all the rage in the Chinese auto market, even in the slowest month of the year — due to the Chinese New Year celebrations. Due to the fact that festivities occurred this year in February, and last year they were in January, the market had an apparently so so month, with plugins scoring 440,000 sales (in a 1.33-million-unit overall market). That’s down 9% year over year (YoY).
But considering that this February had fewer work days than in the previous year, due to the New Year festivities, then even a single-digit drop is a positive sign. Looking deeper at the numbers, BEVs were down 22%, while PHEVs still managed to grow 22% in February! That’s an amazing performance for the technology, which is currently experiencing a golden age in the Chinese market.
This pulls…
Read the full article originally published at cleantechnica.com.