
China, Championed Electric Car Sales, 2017!
The rise and rise of the Chinese plug-in electric vehicle (PEV) market is unstoppable, with yet another record performance in December. A total of 102,000 new passenger PEVs were registered last month, up 130% year over year. Yes, that was just December, and it pulled the year-to-date count to over 600,000 units, up 71% compared to 2016. As consequence of this rapid growth, in December, the PEV share hit a record 3.3% market share of the entire Chinese auto market, while the