World Auto Electrification Index: More Than Three-quarters Of The Mileage Is Generated In China

- Nov 19, 2019-

Germany's "Automotive Weekly" reported on October 28, the latest world car electricization index of the US consulting company shows that China's electric vehicles are still ahead of the world, BYD is second only to Tesla in the electric vehicle brand, and Beiqi ranks fourth.

AlixPartners recently announced the second quarter of 2019, the Automotive-Electrification-Index. In the second quarter, sales of new electric vehicles in the world accounted for 2.8% of total vehicle sales, an increase of 0.5% over the first quarter. The mileage of electric vehicles has increased by 30%.

China is still the world's largest electric vehicle market, with more than three-quarters of electric vehicle mileage generated in China. The United States, Norway, Germany and Norway are in the top five.

Hannes Weckmann, director of consulting at Arrow Platinum, said that the government's electric vehicle subsidy policy and the continued expansion of the electric vehicle charging network are not only visible in China, but also in Canada.

Nearly 30% of electric vehicle sales came from Tesla, the second BYD sales accounted for 11%, and Renault-Nissan (8%) ranked third. BAIC and Hyundai (6%) tied for fourth. Volkswagen ranked sixth, BMW 12th, Daimler 24th.

Elmar Kades, head of the Arrow Platinum Automotive Project, said: "In the past few years, nearly 10 billion investments in electric vehicles have played a role, and investment in electric vehicles will continue."