Charted
China Driving Global Battery-Electric Vehicle Sales Past Hybrids
Country accounts for more than 50% of all BEV sales globally
This article is for subscribers only.
Sales of battery-electric vehicles are expected to extend their worldwide lead over plug-in hybrids thanks to Chinese policy, according to a new report from Bloomberg New Energy Finance. BEVs took at least 60 percent of the market for all four quarters of the year that ended in September. China, where subsidies are skewed toward BEVs, accounts for the entire global gap.