Overview
- China logged 1.823 million wholesale New Energy Vehicle sales in November, a new monthly high that includes strengthening plug‑in hybrid totals.
- CAAM data show NEV exports hit 300,000 in November, roughly 260% higher than a year earlier, as overseas demand accelerates.
- EREVs are grouped within China’s plug‑in hybrid statistics, but separate tracking indicates model availability rose from 12 in 2022 to 40 by the first half of 2025.
- EREV share in China climbed to 5.0% in 2024, with annual sales projected around 1.3 million in 2025, reflecting consumer interest in longer range where charging access is limited.
- According to a Bloomberg‑reported draft under discussion, the European Commission is considering allowing new PHEV and range‑extender cars after 2035 only under strict conditions such as advanced biofuels or e‑fuels, green‑steel use, and potential volume caps, with key details still unresolved.