Battery Electric Vehicle News / Enjoying the Transportation Revolution

Coastalwatch

Hi @Magnitio, many thanks for posting the link. Having no knowledge of Jim Farley I really wasn't sure what I was letting myself in for when viewing, but my word, what a level headed EV enthusiast he appears to be. I wasn't expecting to view the whole episode but did so over a couple of sessions. It certainly raised my awareness of where Ford is currently and where it's heading in the future. I think he needs a Greg Jackson over there in the Energy industry to take the US in the same direction that Octopus is pursuing in order to accelerate take up of EV ownership.

I sure hope they survive to keep the auto industry alive in the US, along with Tesla that is.

Martyn1981

[Note this is for May not June.]

So China, the largest car market in the World, got very close to half PEV's in May. With 29% BEV & 18% PHEV. China offers a lot of good priced PHEV's with long electric ranges.

With Europe and US sales stagnating a bit this year, it's fun to watch the Chinese market rapidly heading for that 50% crossover point - hopefully within the next few months.

47% Plugin Vehicle Market Share In China — EV Sales Report

Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 816,000 sales (in a 1.7-million-unit overall market). That’s up 33% year over year (YoY).

Looking deeper at the numbers, BEVs were up 22% while PHEVs did even better, jumping 55% in May. Breaking down plugin sales by powertrain, BEVs had 63% of sales, below this year’s average of 64%, proving the rising popularity of plugin hybrids in this market.

The year-to-date (YTD) tally is around 3.3 million units, a significant rise over the 2.5 million units in the same period of 2023.

Share-wise, May saw plugin vehicles hit a record 47% market share! Full electrics (BEVs) alone accounted for 29% of the country’s auto sales. This pulled the 2024 share also to 41% (26% BEV), and with the market still with plenty of room for growth, the first half of the year should end at around 42%. (And maybe above 50% by year end?)

Comparing this result with May 2023, at the time, the plugin share was 35% (24% BEV), which means that, while BEVs are experiencing moderate growth (24% vs. 29%), the PHEV share is growing faster (11% vs. 18%). At this pace, we should have the Chinese market fully electrified by 2035, if not sooner.

Martyn1981

UK June results out, with a small increase YoY for BEV's.

 June Car Registrations

Coastalwatch

Just a heads up about a video from Dave Borlace due out this Sunday about coming products capable of charging an EV direct from PV using DC only so removing the losses incurred when inverting to AC and then back again to DC as currently practised.

Edit. Accessed on Youtube thro' his "Just have a Think"  channel via Patreon. 

A great source of evolving information for all matters climate related which has been well worth my monthly subscription this last three years or so.

DC to DC Charging one more step to off grid living

Martyn1981

BEV nano-car, backed by Nissan for the UK. I like the idea of the removable batts, with a trolley style idea. Could be a great city car but quite expensive at ~£16k.

Nissan to introduce electric nanocars and motorcycles

Martyn1981

Utterly massive milestone for China ...... if we round up  

June PEV sales were (almost) 50%.

Bear in mind that China is now the largest single auto market in the World, accounting for around 20% to 25% of worldwide sales.

Half of Car Sales in China Are Now Plugins!

Share-wise, June saw plugin vehicles hit a record 49.9% market share! Full electrics (BEVs) alone accounted for 28% of the country’s auto sales. This pulled the 2024 share to 43% (25% BEV), and with the market still with plenty of room for growth, the year should end at around 50%.

Comparing this result with June 2023, at the time, the plugin share was 35% (24% BEV), which means that, while BEVs are experiencing moderate growth (24% vs. 28%), the PHEV share is growing faster (11% vs. 22%). At this pace, we should have the Chinese market fully electrified around 2030, if not sooner.

Grumpy_chap

Martyn1981 said:

Utterly massive milestone for China

June PEV sales were (almost) 50%.

I wonder, and have no data to back my wonderings up, whether that is easier to achieve in a growing automotive market.

My car purchase might well be influenced by lethargy & prejudice - always drove a Mondeo so just got the next Mondeo, or always had manual and don't want automatic, etc.

If, however, I'd just grown in relative affluence so could now buy the first car for the family, I have no history and would be looking for the good people's car to meet my needs, affordable motoring for the regular household.  Kind of like how the 2CV or the Beetle originally established.

Coastalwatch

Could well be GC. I'm also wondering if it's anything to do with China having only very moderate reserves of FF's so rather than continuing to rely on the financial burden of importing it all are sensibly moving away to renewables which they are building out at an enormous rate. Also, I believe they have the worlds greatest supply of rare earth materials to suit EV's.

Pro  rata I seem to recall our FF reserves are not much different to theirs but for some reason we seem to have hesitated in making a similar choice.

1961Nick

Coastalwatch said:

Could well be GC. I'm also wondering if it's anything to do with China having only very moderate reserves of FF's so rather than continuing to rely on the financial burden of importing it all are sensibly moving away to renewables which they are building out at an enormous rate. Also, I believe they have the worlds greatest supply of rare earth materials to suit EV's.

Pro  rata I seem to recall our FF reserves are not much different to theirs but for some reason we seem to have hesitated in making a similar choice.

EVs are now significantly cheaper than their ICE counterparts in China. 

Hoenir

1961Nick said:

Coastalwatch said:

Could well be GC. I'm also wondering if it's anything to do with China having only very moderate reserves of FF's so rather than continuing to rely on the financial burden of importing it all are sensibly moving away to renewables which they are building out at an enormous rate. Also, I believe they have the worlds greatest supply of rare earth materials to suit EV's.

Pro  rata I seem to recall our FF reserves are not much different to theirs but for some reason we seem to have hesitated in making a similar choice.

EVs are now significantly cheaper than their ICE counterparts in China. 

Models are relatively cheap in Western terms though even with 3 battery options the maximum range is often just 100 miles. In China people don't seem to travel long distances by car. (Which is hardly surprising). Weaning Western drivers off the convieniance of a car and returning to public transport is an entirely different matter.