How Long Until China Is At 90% Plugin Vehicle Sales? - CleanTechnica

The article discusses the rapid growth of plugin vehicle (PV) sales in China, where more than half of new vehicle sales are now plugin vehicles, including 33% battery electric vehicles (BEVs). China quickly moved from 20% to over 50% PV sales, signaling a strong market shift toward electrification. However, uncertainty remains about future growth since China’s latest five-year plan no longer emphasizes electric vehicles or New Energy Vehicles, raising questions about whether the government is easing its push or considering the market mature enough to sustain itself. Drawing parallels from Norway, the first country to surpass 50% PV sales, the article suggests that China could reach 90% plugin vehicle sales by 2030. Norway took about four years to move from 50% to 90%, and given China’s highly competitive, rapidly growing, and well-developed EV market, it is plausible that China could achieve this milestone within five years. Additionally, Chinese automakers like BYD are expanding exports, which could