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China's plugin vehicle sales soar to 53 percent market share in September
Plugin vehicles in China achieved a record 53% market share in September, with over 1.1 million sales, marking a 51% year-over-year increase. BYD dominated the market, securing five of the top six spots in sales, while Tesla's Model Y remained a strong competitor. The overall market is projected to reach around 50% electrification by the end of the year, with significant growth in both BEVs and PHEVs.
paris motor show 2024 highlights electric vehicles and suv trends
The 2024 Paris Motor Show highlights the electric vehicle and SUV trends amid a challenging economic landscape, with significant participation from brands like Renault, which showcases the electric Renault 5 and 4. Chinese manufacturers, including Leapmotor, make a measured debut, while established European automakers like Volkswagen and BMW return to reconnect with consumers. The event reflects a market grappling with slow sales growth and a notable decline in electric vehicle demand.
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