BUSINESS Sales of new energy vehicles surpass 1M globally

BUSINESS

Sales of new energy vehicles surpass 1M globally

chinadaily.com.cn

14:08, August 19, 2019

A worker installs the logo of Tesla during the 2nd China Shanghai International Technology Fair (CSITF) in east China's Shanghai, April 24, 2014. (Photo: Xinhua)

The global sales volume of new energy vehicles reached 1.12 million in the first half of 2019, up 47.4 percent year-on-year, according to EVSales, a US website that tracks sales of new energy vehicles.

As per the website, Tesla took the first spot with sales volume of 160,000, accounting for 14 percent of the total global volume. Chinese carmakers BYD, BJEV and SAIC ranked the second, third and fourth, respectively, with total sale volume of 270,000, accounting for one-fourth of global volume in the first half of 2019. The Geely Automobile Group took the seventh rank with sales volume of 47,000 and the JAC Motors ranked 10 with sales volume of 32,000.

With respect to specific models, Tesla's Model 3 sold 127,000 in the first half of the year, taking the first place comfortably, followed by BJEV's EU series with sales volume of 50,000 and BYD's Yuan, 43,400.

According to the statistics, sales of new energy vehicles grabbed 2.4 percent of the total auto sales around the world, rising by 0.8 percent year-on-year. Analysts say the sales of new energy cars still have room to grow against the background of a declining automobile market.

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