CleanTechnica•about 1 month ago
A Tale of Two Markets — BEVs Up 20% YoY & PHEVs Down 10% YoY in China
Key Takeaway
The rapid and sustained growth of BEVs, particularly relative to PHEVs, signals a significant and evolving long-term load growth opportunity and challenge for power developers and large consumers globally.
AI Summary
- •China's EV market shows a significant divergence, with Battery Electric Vehicles (BEVs) growing 20% year-over-year while Plug-in Hybrid Electric Vehicles (PHEVs) declined 10% year-over-year, indicating a strong market and policy preference for fully electric transport.
- •BEVs now represent 36% of the total Chinese car market, and despite overall plugin growth slowing to 7% YoY, this trend signifies a substantial and sustained increase in electricity demand from the transportation sector.
- •For developers and large power consumers, this signals a growing, long-term load profile that requires strategic planning for new generation capacity (e.g., renewables, storage), grid infrastructure upgrades, and potential demand-side management solutions to accommodate evolving charging patterns.
Topics
datacenterpolicysolarstoragetransmissionwind
Article Content
BEVs represented 36% the total Chinese car market in October. We saw plugins score another million-plus sales in September (1.3 million plugins, in a 2.2-million-unit overall market, down 1% YoY), but growth has been slowing down, with October showing only a 7% increase over October 2025. Digging deeper into the ... [continued] The post A Tale of Two Markets — BEVs Up 20% YoY & PHEVs Down 10% YoY in China appeared first on CleanTechnica .