The China passenger car association’s first quarter figures are in, and electric vehicle sales continue their rapid rise, up 118% year on year, to over 254,000. Meanwhile, fossil vehicle sales have fallen 13% year on year, to 4,823 thousand for the quarter.
Tesla Model 3 in Shanghai/Tesla.com
We know that China is full speed ahead on electric vehicles, and the first quarter 2019 figures don’t disappoint. Year-on-year growth of 118% is pretty impressive, even by Chinese standards. Here are the 2018–2019 Q1 sales of fossils and EVs compared in a chart:
Fossil fuel sales continue to plummet. We saw recently that, in 2018, fossil fuel vehicle sales fell, not only in China, but also in Europe and the US. Current estimates for total global vehicle sales in 2019 are hovering around ~89 million units, down from ~95 million in 2018, according to LMC automotive.
Rapidly growing electric vehicle sales in all regions are of course a bright spot in an otherwise gloomy market, and are great news for reducing rates of pollution and climate emissions.
Let’s see how China’s EVs passenger vehicle sales so far this year compare to the sales figures of recent years: