China’s new energy vehicles in 2022 From DIGITIMES

The following is the China’s new energy vehicles in 2022 From DIGITIMES recommended by recordtrend.com. And this article belongs to the classification: Digitimes Research, New energy vehicle industry, Automobile industry.
According to DIGITIMES, industry insiders said that the penetration rate of new energy vehicles (nev) in China reached 13.4% by the end of 2021, and this year this figure is expected to exceed 15%. Despite the challenges posed by COVID-19 and rising raw material prices and chip shortages, sales of new energy vehicles in China continued to rise last year, and over 500 thousand new energy vehicles were sold in December.
At present, there are two main types of new energy vehicles in China: pure electric vehicle (Bev) and plug-in hybrid vehicle (PHEV). According to the data of China Academy of information and communications (caict), the total sales volume of new energy vehicles in China reached 3.52 million in 2021, with a year-on-year increase of nearly 160%, including 2.92 million pure electric vehicles.
According to the report, although the average monthly sales volume of pure electric vehicles in the first half of 2021 was between 100000 and 200000, this figure rose to 448000 by the end of the year. Analysts said that pure electric vehicles have always been the main driving force for the penetration growth of new energy vehicles in China.
Although the market demand for plug-in hybrid vehicles is significantly lower than that of pure electric vehicles, the average monthly sales of plug-in hybrid vehicles in China also surged from 20000-40000 in the first half of 2021 to about 80000 at the end of December.
Looking forward to 2022, sources at auto parts manufacturers predict that the demand for pure electric vehicles will remain strong due to oil price fluctuations caused by the conflict between Russia and Ukraine. If we continue to expand at the current rate, the penetration rate of pure electric vehicles in China will have a chance to reach 18% in 2022.
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