26 May '18, 12am

The best selling EV in the first quarter of the year was one we hadn't heard of before.

BAIC EC was best-selling electric car globally in the Q1, according to the figures released by JATO Dynamics. The BAIC EC sold 25,630 units in the first three months of the year, up 260 percent. All of BAIC’s sales came from China, proving the power of the market. The Chinese EV was followed by the new Nissan Leaf with 22,124 units sold (up 47 percent), while the Tesla Model S came in third place with 11,450, down 6 percent. China was the biggest market for EVs during Q1-18, with volume up by 119% to 83,600 units as demand soared. Consumers in China are latching onto the more affordable EVs that are now available, and this is having a wider impact on the overall EV global market. EVs will become the car for the masses – and that is because of China. In fact, the global market share of Chinese brands jumped from 35% to 46% in Q1-18, and they can be expected to grow even fur...

Full article: https://electriccarsreport.com/2018/05/baic-ec-is-the-top...

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