A few days ago, a friend asked me to recommend that he could buy a used PHEV in the UK for about £10,000 ($12,700).。I racked my brains to think, first of all, which PHEVs are on the market, and secondly, which cars have been sold long enough to buy used cars at such prices。

-广告-

If I ask this question in China, I can make a complete list of cars, and in terms of price, many of them are new cars rather than used cars。The question helps shed light on the divisions on the road to electrification and how Europe is increasingly stalling on electrification, while China is leading the way.。

Plug-in hybrid vehicles often receive strong support from electric vehicle evangelists, but this is not entirely fair。One way to look at this situation is that one battery unit of an all-electric car can produce about 3 or 4 batteries for a PHEV。Since most journeys use only electricity, there are now more motorists using electricity on the road than owning only one pure electric car。

- 广告 -

So how does the EU and China compare?？In May, the penetration rate of plug-in hybrid vehicles in China was 18.0%, while the EU is only 6.5%, and the overall trend is that the EU is down and China is up.。

Earlier this year, we reported on electric car driving during the Lunar New Year and talked about charging issues。At that time, we mentioned a fairly long post from Popular Science China on WeChat account praising the advantages of plug-in hybrid vehicles。In the article, the author mentions that the penetration rate rose from 6% to 11 in 2023..2%。As the authors correctly predicted, this trend appears to be continuing, with the current data showing 21 so far in June..4%。It should be noted that the PHEV in this article includes EREV, although its name is actually the PHEV series,

Last year, the share of plug-in hybrid vehicles in Europe was only 7.7%, down from 9% in 2022.4%。The number for May was 6..5%, indicating that this trend continues。In other words, as early as 2021, PHEVs accounted for 46% of the European plug-in market (called NEV in China), but by 2023, this proportion has dropped to 33%。

- 广告 -

However, there seems to be a bigger problem, namely the overall stagnation of sales of electric vehicles within the EU.。As of December last year, pure electric vehicle sales have continued to grow since April 2020。December was the first decline and May was the third monthly decline.。Market share in May was 12.5%, down 1% from May 2023.3 percentage points, down 12%。

What is surprising in Europe is the continued outstanding performance of hybrid electric vehicles (HEV)。By 2023, these cars will occupy 25.8% market share, becoming the second largest share after gasoline internal combustion engine vehicles。The May data showed that while the share of petrol cars was similar to 2023 levels, hybrids now account for 29..9%。Autovista24 reports that the hybrid system is the only powertrain that has achieved increased delivery。

Sales of hybrids are relatively small given the near-wholesale shift to N electric cars。According to Reuters, sales fell by 15% last year, accounting for only 9% of cars sold in China equipped with some form of electrified powertrain, and therefore only about 3% of the overall automotive market。

According to a report released by the China Passenger Car Association on June 24, sales of new energy vehicles (mainly pure electric vehicles and plug-in hybrid vehicles) increased by 34.4%。Although pure electric vehicle sales increased by 17.4%, but the real shining start is plug-in hybrid vehicles, an increase of 70.1%。

Fast Technology quoted analysts as saying that compared with pure electric models, they have advantages in terms of initial purchase cost and alleviate consumer concerns about charging issues。

Recently due to BYD DM 5.0 The introduction of technology to the headlines is a good example。The two debut cars - the Qin L and Seal 06 DM-i - start at less than 100,000 yuan ($13,750), but claim to have a range of up to 2,100 kilometers, even reaching this level in actual tests。In this version, Depay also has a full electric range of 80 or 120 kilometers, enough to meet the daily commuting needs of most people。

No internal combustion engine or hybrid vehicle can achieve such performance。If Europe is serious about reducing emissions and banning the use of new internal combustion engine vehicles before 2035, it will make sense to switch from hybrid vehicles to plug-in hybrid vehicles in the short term。While EU rules from 2035 also ban plug-in hybrids, they could immediately reduce emissions and offer consumers an option that would cost less than buying a new all-electric vehicle today, but not much more than buying a hybrid or combustion engine.。

In China, the price of electric vehicles (especially plug-in hybrid vehicles) has dropped so much that they are now a real alternative to traditional vehicles, and manufacturers have to discount internal combustion engine vehicles sharply to compete with car companies such as BYD and Geely..

Such cars could also be China's dark card to the EU。So far, plug-in hybrid vehicles have not been included in the EU tariff range. China has the highest sales of electric vehicles, so these may become China's trump card in the next few years。

Sources: Fast Technology, Reuters, Autovista24, Statzon

<p><img src="https://hawk-oss.hawkinsight.com//picture//202407/126076569_66.png" style="width: 100%;">A few days ago, a friend asked me to recommend that he could buy a used PHEV in the UK for about £10,000 ($12,700).。I racked my brains to think, first of all, which PHEVs are on the market, and secondly, which cars have been sold long enough to buy used cars at such prices。-Advertising-If I ask this question in China, I can make a complete list of cars, and in terms of price, many of them are new cars rather than used cars。The question helps shed light on the divisions on the road to electrification and how Europe is increasingly stalling on electrification, while China is leading the way.。Plug-in hybrid vehicles often receive strong support from electric vehicle evangelists, but this is not entirely fair。One way to look at this situation is that one battery unit of an all-electric car can produce about 3 or 4 batteries for a PHEV。Since most journeys use only electricity, there are now more motorists using electricity on the road than owning only one pure electric car。- Advertising - So how does the EU and China compare?？In May, the penetration rate of plug-in hybrid vehicles in China was 18.0%, while the EU is only 6.5%, and the overall trend is that the EU is down and China is up.。Source: ACEA Earlier this year, we reported on electric car driving during the Lunar New Year and talked about charging issues。At that time, we mentioned a fairly long post from Popular Science China on WeChat account praising the advantages of plug-in hybrid vehicles。In the article, the author mentions that the penetration rate rose from 6% to 11 in 2023..2%。As the authors correctly predicted, this trend appears to be continuing, with the current data showing 21 so far in June..4%。It should be noted that the PHEV in this article includes EREV, although its name is actually the PHEV series. Last year, the share of European plug-in hybrid vehicles was only 7.7%, down from 9% in 2022.4%。The number for May was 6..5%, indicating that this trend continues。In other words, as early as 2021, PHEVs accounted for 46% of the European plug-in market (called NEV in China), but by 2023, this proportion has dropped to 33%。-Advertising-Infographic from Statzon shows the breakdown of the EU power system in 2023。However, there seems to be a bigger problem, namely the overall stagnation of sales of electric vehicles within the EU.。As of December last year, pure electric vehicle sales have continued to grow since April 2020。December was the first decline and May was the third monthly decline.。Market share in May was 12.5%, down 1% from May 2023.3 percentage points, down 12%。What is surprising in Europe is the continued outstanding performance of hybrid electric vehicles (HEV)。By 2023, these cars will occupy 25.8% market share, becoming the second largest share after gasoline internal combustion engine vehicles。The May data showed that while the share of petrol cars was similar to 2023 levels, hybrids now account for 29..9%。Autovista24 reports that the hybrid system is the only powertrain that has achieved increased delivery。Sales of hybrids are relatively small given the near-wholesale shift to N electric cars。According to Reuters, sales fell by 15% last year, accounting for only 9% of cars sold in China equipped with some form of electrified powertrain, and therefore only about 3% of the overall automotive market。According to a report released by the China Passenger Car Association on June 24, sales of new energy vehicles (mainly pure electric vehicles and plug-in hybrid vehicles) increased by 34.4%。Although pure electric vehicle sales increased by 17.4%, but the real shining start is plug-in hybrid vehicles, an increase of 70.1%。Fast Technology quoted analysts as saying that compared with pure electric models, they have advantages in terms of initial purchase cost and alleviate consumer concerns about charging issues。Recently due to BYD DM 5.0 The introduction of technology to the headlines is a good example。The two debut cars - the Qin L and Seal 06 DM-i - start at less than 100,000 yuan ($13,750), but claim to have a range of up to 2,100 kilometers, even reaching this level in actual tests。In this version, Depay also has a full electric range of 80 or 120 kilometers, enough to meet the daily commuting needs of most people。No internal combustion engine or hybrid vehicle can achieve such performance。If Europe is serious about reducing emissions and banning the use of new internal combustion engine vehicles before 2035, it will make sense to switch from hybrid vehicles to plug-in hybrid vehicles in the short term。While EU rules from 2035 also ban plug-in hybrids, they could immediately reduce emissions and offer consumers an option that would cost less than buying a new all-electric vehicle today, but not much more than buying a hybrid or combustion engine.。In China, the price of electric vehicles (especially plug-in hybrid vehicles) has dropped so much that they are now a real alternative to traditional vehicles, and manufacturers have to discount internal combustion engine vehicles sharply to compete with car companies such as BYD and Geely..Such cars could also be China's dark card to the EU。So far, plug-in hybrid vehicles have not been included in the EU tariff range. China has the highest sales of electric vehicles, so these may become China's trump card in the next few years。Sources: Fast Technology, Reuters, Autovista24, Statzon</p>