A Whole 43% Of China's New Cars Were Plug-Ins In March 2024

Plug-in electric car sales noted a healthy growth rate in March, while the market share exceeded 40% and is heading towards 50%, which might be reached later this year. According to EV Volumes' data, shared by researcher Jose Pontes, roughly 743,000 new passenger plug-in electric cars were registered in China in March, 29% more than a year ago. That's about 43% of the total market—a significant improvement compared to 34% a year ago.

Model rank In March, the BYD Song family returned at the top of the sales ranking with 62,622 new registrations . The second most popular family was the BYD Qin Plus, with 50,394 units, followed by the Tesla Model Y . These three nameplates were also the best-selling cars overall in China. The first internal combustion engine model was the Nissan Sylphy, which sold 29,674 units.

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