There are electric vehicles in China. The World Economic Forum said that China's EV market was the largest in the world in terms of passenger car sales in 2020. According to data from Mordor Intelligence, it was worth $122 billion in 2021. Four out of five of the top car manufacturers in China are local. The data compiled by EV Volumes shows that the third-largest share in China's EV market was held byTesla. According to EV Volumes, the US company, run by billionaire Musk, has a 6.6% market share in China. In China, it sold over 300,000 units. China's domestic manufacturers produce diesel-run cars as well as electric ones. There are four fierce competitors in China. The manufacturers are arranged according to their market share. Data from January to May is reflected in the manufacturers' market shares. The year was 1954. There were 525,000 units sold in the year. There was a 4% market share in China in the first five months of the year. According to a report by industry publication Inside EV, GAC accounted for 4% of China's EV market during the first five months of the year. The GAC Aion S is a popular model. The compact electric sedan was one of the best-selling electric vehicles in China in May. It retails for a starting price of $19,891 as of 2020 The year was 2002. A total of 452,000 units were sold in 2011. In the first five months of the year, China had a market share of 10.1%. The SAIC- GM-MWling is a joint venture between three companies. In 2002 it was established. The company's mini EV was the top-selling plug-in vehicle in China. In the first five months of the year, it sold more than 161,000 units. The cheapest electric vehicle in China at the moment is the model. The year started in 2003 There were 593,743 units sold in the year 2011. In the first five months of the year, the market share in China was 27.9%. BYD had a 27.9% market share in China during the first five months of the year. The parent company of the manufacturer is BYD Co. BYD made five of the 10 best selling plug-in vehicles in China. The manufacturer makes both battery-powered electric vehicle, or BEV, and plug-in hybrid electric vehicle, orPHEV, versions of its plug-in vehicle models. The BYD Song was the second best-selling plug-in vehicle in China during the first five months of the year. Continue to read.
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