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ICE Vehicle Sales Crash 49%(!) While EV Share Jumps to 67%(!) — China EV Sales Report for September
High gas prices and a never-ending wave of new BEVs has allowed September to reach 67% EV market share, a new record!
AI Summary
September’s Chinese auto market saw EVs capture a record 67% share, driven by high gasoline prices and a surge of new battery‑electric models. Overall vehicle sales fell 28% year‑over‑year to roughly 1.6 million units. Plug‑in sales declined 17% YoY, while internal‑combustion‑engine sales plunged 49% YoY, accounting for the market‑share shift. The report attributes the EV surge primarily to the steep drop in ICE sales rather than a rise in EV volumes.
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