Plugin vehicles in China achieved a record 53% market share in October, with over 1.19 million sales, marking a 57% year-over-year increase. BYD dominated the market, securing eight of the top ten spots, led by the BYD Song, while Tesla's Model Y ranked sixth. The overall market is projected to approach 50% electrification by year-end, with significant growth in both BEVs and PHEVs.
Colombia's EV market is thriving, with BEVs surpassing 1,000 sales in October, achieving a 6.4% market share. The BYD Seagull and Yuan Up lead sales, while Kia's EV5 and Chevrolet's Equinox EV are strong contenders. As affordable models flood the market, EV adoption is set to rise significantly.
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