The global market for electric vehicles (including pure electric vehicles and plug-in hybrids) slowed in February, with registrations rising only 3 per cent to 830783 from a year earlier, with pure electric vehicle sales falling 6 per cent, although this has more to do with February, which is during the Chinese Lunar New year, slowing sales in the world’s largest electric vehicle market.
As a result, the global market share of electric vehicles also shrank that month, to 13% from 16% in January.
In February, the global Top 20 electric vehicles: MG 4 and Chery Fengyun A8 parachuted into the list, benefiting from the sluggish sales of China’s electric car market and local manufacturers in February, Tesla won both the first and second places, with Model Y taking the lead as always, while Model 3 successfully beat BYD’s best-selling models Song and Qin Plus to second place.
At the same time, Qin Plus also surpassed its brother Song into the top three, after Qin Plus had been run over by Song for months.
The M7 continued to shine, and the full-size SUV finished fifth in February.
At present, it is a leader in the field of full-size electric SUV, beating BYD Han and ideal L7 by a big advantage.
It is also the only car that can compete with Tesla and BYD at the same time.
In view of the fact that this car is currently only sold in the Chinese market, there is such a result, and there will be great potential in the future.
Also benefiting from a slowdown in sales by Chinese carmakers, Volkswagen had three electric models on the Top 20 list in February. ID.4 ranked 10th, up six places from January, while ID.
3 ranked 17th, up one place from January, followed by Audi Q4 e-tron at 18th.
In addition to Volkswagen, Jeep Wrangler PHEV, owned by Stellantis, another traditional carmaker, is back on the list.
Two other electric models from China are worth mentioning.
one is that the MG 4 / Mulan, which has outstanding performance in Europe, has entered the global Top 20 electric car list for the first time, ranking 14th.
The second is the Chery Fengyun A8 plug-in hybrid car, which parachuted into the top 20 in the world just two months after its launch, which was a pleasant surprise for Chery, because Chery was not known for its electric cars before.
what we will see in the next few months is whether this performance is sustainable.
February global Top 20 electric vehicle brand list: BYD narrowly won, Wuling once again entered the top three, according to the brand list, BYD’s performance failed to impress people in February this year, narrowly beat Tesla by a very slight advantage.
Although this performance can also be explained by the sluggish sales during the Chinese Lunar New year, the situation in the coming months still needs to be watched.
At present, BYD’s sales should soar under the stimulation of the price war.
In addition to the top two, Wuling and BMW benefited from the slowdown in Geely’s sales, and Wuling narrowly beat BMW by 155 cars in the last place on the podium, making it into the top three for a long time.
Thanks to the steady development of the M7, the brand jumped 2 places from January to No.
5, not only beating Mercedes-Benz Volkswagen, but even surpassing its brother brand Geely.
Given the current production growth of its flagship product, the M9, the performance of the world in March is expected to rise to a higher level.
In the second half of the list, several traditional brands rose in the rankings, thanks to a slowdown in the sales of Chinese brands.
In addition to Kia climbing four places to 12th place, Jeep also overtook Toyota and Ford to 14th place, rising five places.
The brand benefited mainly from the steady performance of Wrangler PHEV and Grand Cherokee PHEV, which enabled it to maintain a position similar to that of Toyota.
Although Toyota is currently the third largest car brand in the Chinese market, it has so far failed to create a best-selling electric model.
The brand needs to expand its electric car business quickly, or its sales of millions of vehicles in China may not be what they used to be.
In February, Toyota’s sales in China fell 38% from a year earlier, making it one of the worst-performing brands in the Chinese market.
In terms of the number of electric vehicles sold by the automobile group, BYD’s market share fell to 17.
3% from 19.
8% in January, while Tesla’s market share rose to 12.
4% as expected (10.
7% in January).
The third place is still occupied by Geely Volvo, but its market share is down 1.
4 percentage points from January.
At the same time, Volkswagen Group, which ranked fourth (from 6.
2 per cent to 6.
5 per cent) and SAIC, which ranked fifth, both increased their market share (from 6.
1 per cent to 6.
4 per cent).
Stellantis, whose market share rose from 3.
7 per cent to 4.
4 per cent, regained sixth place, distancing itself from seventh-placed BMW (4 per cent).
In terms of pure electric cars alone, Tesla still takes the lead with a market share of 19.
8%, up from 17.
6% in January and still ahead of BYD (14.5%). BYD is still unlikely to pull Tesla off the top spot of pure electric vehicles in the near future.
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