New Energy Vehicles (NEVs) in China

Wrought

Senior Member
Registered Member
PHEV exports are growing much faster than BEV thanks to limited grids, tariffs, etc. The trend is most visible in Europe.

  • Chinese plug-in hybrid exports surged 210% in the first half of 2024 versus 40% for battery-only vehicles.
  • Europe saw a 551% jump in Chinese hybrids amid struggles to meet 2035 zero-emission goals.
  • Hybrids are expected to dominate exports for 3–5 years.

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Wrought

Senior Member
Registered Member
Plugin hybrid sales are higher because there is no additional tariffs, unlike BEV

The trend also holds true in markets without excessive BEV tariffs, as noted in the article.

The charging infrastructure gap remains the fundamental driver of this shift. Markets from Southeast Asia to Latin America lack the charging networks necessary to support mass adoption of battery-only vehicles, making hybrids an attractive compromise that addresses range anxiety while still offering some environmental benefits.
 
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