News Snapshot:
The overall Chinese market remained positive in September (+8% year over year/YoY), with plugin vehicles faring even better, growing by 66% YoY in September to 131,000 registrations. That’s a new year best for plugin vehicles, with full electrics (BEVs) growing faster (+73%) than plugin hybrids (+43%), allowing pure electrics to have 80% of plugin sales last month, slightly above this year’s average of 79%. Last month, plugin vehicle market share reached 6.3% (5% BEV), pulling the 2020 share to 5.2% (4.1% BEV). That is still slightly below the 5.5% of 2019, but it is a step in the right direction...
