China’s e-car market is twice the size of Europe

China's e-car market is twice the size of Europe-market

Matthias Schmidt, automobile analyst from Berlin, took a closer look at car sales in Europe over the last twelve months. He has come to the conclusion that pure electric cars have cracked the limit of ten percent in the approvals. However, Schmidt also shows that it remains clearly behind the Chinese electrical automotive. For China’s e-car market, after the first ten months of the year, has a millions of e-cars ahead of the paragraph.

While the new registrations of battery-powered electric cars (BEV) in Western Europe after only 10 months of 2021 (886.000) The level of the previous year (727.900) exceeded, this number was put into the 18 market regions, from China to the shadows. If you look at the figures of the China Association of Automobile Manufacturer in the same period, the Chinese electrical automobe looks at 1.98 million approvals. This is more than twice as much (+123%) as was allowed on the roads between Lisbon and Linz or between Athens and Aberdeen.

This means that China and Europe will have a total of three million vehicles sold by the end of October 2021. In the same period last year, 1.36 million e-cars were sold. For 2021 as a whole, automobile analyst Schmidt assumes that around 3.5 million electric vehicles will be sold. While EV registrations dominate the Chinese market versus plug-in hybrids and accounted for more than 80 percent of all new EV registrations this year, the split in Western Europe was closer to 50/50 between PHEVs and EVs.

While plug-in hybrids are showing signs of stagnation – October saw a monthly growth rate of just 3 percent compared to the same period last year – the German PHEV market saw new arrivals of plug-in hybrids fall for the first time in 26 months passenger cars year-on-year. According to Schmidt, it will have to be seen here whether the decline in part-time electricity users is due to the ongoing semiconductor crisis or whether it is a trend development. In other words, a permanent shift in sales from PHEV to purely electric cars. EVs are expected to account for just over 10 percent of that total in 2021.

In the last three months (August-October), the monthly e-car volume in the German-dominated region was ahead of that of PHEVs. This trend is expected to continue as more competitive electric vehicles enter the European market, accompanied by the increase in Tesla deliveries to Europe, with local German production soon to begin.

Another key trend seen in China is the gentle increase in PHEV volumes, which have traditionally not been as well received compared to EVs. According to data from the China Association of Automobile Manufacturers, Chinese PHEV sales (67th.000) in October just under 10.000 units below Western European sales (77.000), according to monthly data from the European Electric Car Report.

The combined plug-in (EV/PHEV) volume in the 18-market Western European region accounted for almost one in five (19.3%) new passenger cars in the first ten months of 2021, while in China it was “only” 14.3% were.

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3 thoughts on “China’s e-car market is twice the size of Europe”

  1. The comparison makes it clear: the EU is lagging years behind – and the gap is getting bigger and bigger:

    China recently announced that between October 2020 and September 2021, around 36.500 new public electric charging points were installed per month.

    In total, there are now 1.044 million publicly accessible charging points in China: (+237.000 in Q1-Q3). In 2024 the plan is to have 3 million charging stations.

    https://insideevs.com/news/544573/china-1million-public-charging-points/

    In comparison, there are currently 250,000 public charging stations across the EU. It is not until 2024 that one wants to reach 1 million “chariging stations”. That’s 20,000 additional charging stations per month

    https://op.Europe.eu/webpub/eca/special-reports/electrical-recharging-5-2021/en/

    And as for the objection – yes, China has three times the population. BUT we have significantly more cars per inhabitant – so actually much more demand!
    currently cars
    EU: 560 per 1000 inhabitants
    China: 155

    If we want to replace all diesel/petrol cars, we need 4 times as many charging stations per 1000 inhabitants as China.

    It’s about important fundamental investments in infrastructure that will have long-term consequences. We should definitely be leaders there.

    Unfortunately, as I explained above, the scissors are diverging. We are not catching up, but will expand the infrastructure significantly less in the next few years.

    Reply
  2. If I understand the text correctly, china‘s buyers don’t really go along with the hybrid nonsense. Stupid for the German manufacturers ..

    Reply
  3. No complicated discusion: Look how many inhabitants has Europe and how many China.
    Is added that many Chinese will buy their first vehicle in the coming years and it seems logical that this will be an electric car.

    Reply

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