EV Share Of China Passenger Car Market More Than Tripled To Nearly 19% In October

China, home to the world’s auto market, is also the global leader in sales and production of electric vehicles. New data suggest that isn’t about to change anytime soon.

Deliveries of electric vehicles more than doubled by 141% in October to 320,000 units, state-run China Daily said Saturday, citing China Passenger Car Association figures.  Nearly 19 of every 100 passenger cars sold in the country last month were EVs, including plug-in hybrids. The EV share in October compares with only 5.8% in 2020, according to the newspaper. For the first 10 months of the year, new energy vehicle deliveries gained 191.9% year-on-year to 2.14 million units, with a 13% share of…