{"id":44619,"date":"2025-01-10T05:10:28","date_gmt":"2025-01-10T10:10:28","guid":{"rendered":"https:\/\/latamobility.com\/?p=44619"},"modified":"2025-01-09T18:29:00","modified_gmt":"2025-01-09T23:29:00","slug":"ft-sales-of-electric-vehicles-could-surpass-combustion-vehicles-this-year-in-china","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/ft-sales-of-electric-vehicles-could-surpass-combustion-vehicles-this-year-in-china\/","title":{"rendered":"FT: Sales of Electric Vehicles could Surpass Combustion Vehicles this Year in China"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.ft.com\/content\/0ebdd69f-68ea-40f2-981b-c583fb1478ef\">A study by the <strong>Financial Times<\/strong><\/a> reveals that China expects to sell <strong>12 million units<\/strong> of electric cars in <strong>2025<\/strong>. These figures would double those achieved just three years ago, in <strong>2022<\/strong>.<\/p>\n\n\n\n<p>The report is based on information provided by <strong>four investment banks<\/strong> and <strong>research groups<\/strong>, focusing solely on electric cars.<\/p>\n\n\n\n<p>Estimates suggest that more electric cars will be sold than the total number of vehicles using any type of combustion engine.<\/p>\n\n\n\n<p><strong>You may also read:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/china-bans-export-of-key-materials-for-semiconductor-production\/\">China Bans Export of Key Materials for Semiconductor Production<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-figures\"><strong>Key figures<\/strong><\/h2>\n\n\n\n<p>China holds a considerable advantage over other regions. For example, in <strong>Europe<\/strong>, <strong>1,303,686 electric cars<\/strong> were sold out of a total of <strong>9,726,049<\/strong>, representing a <strong>13.4% market share<\/strong>. Meanwhile, in China, they expect to surpass <strong>50%<\/strong> by <strong>2025<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD-1024x683.jpg\" alt=\"\" class=\"wp-image-44612\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD-1024x683.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD-300x200.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD-768x512.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD-1536x1024.jpg 1536w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD.jpg 1800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>One of the main factors driving this situation is that <strong>China<\/strong> is one of the world&#8217;s leading producers of electric vehicles, increasingly exporting more <strong>Chinese cars<\/strong> to Europe.<\/p>\n\n\n\n<p><br>Registrations of <strong>combustion vehicles<\/strong> are expected to fall to <strong>11 million<\/strong>. This would represent a drop ofalmost <strong>four million units<\/strong>, as <strong>14.8 million combustion vehicles<\/strong> were sold in <strong>2022<\/strong>.<\/p>\n\n\n\n<p>According to the report, the <strong>Chinese government<\/strong> is striving to enable its manufacturers to reach production levels that help reduce manufacturing costs, establishing themselves as the most cost-effective region globally.<\/p>\n\n\n\n<p><strong>Chinese electric cars<\/strong> are significantly cheaper than those produced in <strong>Europe<\/strong>. Because of this, the <strong>European Union<\/strong> has decided to impose new tariffs on Chinese cars to maintain the competitiveness of European vehicles.<\/p>\n\n\n\n<p>According to <strong>Bloomberg<\/strong>, one of the brands most affected by this measure is <strong>MG<\/strong>, owned by the group <strong>SAIC<\/strong>, which has faced a <strong>35%<\/strong> increase in these tariffs, in addition to the existing <strong>10%<\/strong>.<br>Nevertheless, the <strong>SAIC group<\/strong> sold a total of <strong>217,209 electric car units<\/strong> in <strong>2024<\/strong>, a <strong>6%<\/strong> increase compared to the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A study by the Financial Times reveals that China expects to sell 12 million units of electric cars in 2025. These figures would double those achieved just three years ago, in 2022. The report is based on information provided by four investment banks and research groups, focusing solely on electric cars. Estimates suggest that more&#8230;<\/p>\n","protected":false},"author":10,"featured_media":44616,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2054],"tags":[2572,1281,1489],"class_list":["post-44619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-mobility","tag-china-2","tag-electric-mobility","tag-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v25.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FT: Sales of Electric Vehicles could Surpass Combustion Vehicles this Year in China - Latam Mobility<\/title>\n<meta name=\"description\" content=\"A study by the Financial Times reveals that China expects to sell 12 million units of electric cars in 2025. 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These figures would double those achieved\" \/>\n<meta property=\"og:url\" content=\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/\" \/>\n<meta property=\"og:site_name\" content=\"Latam Mobility\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/latamobility\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-10T10:10:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD-3-1024x572-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"572\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Antonio Vilela\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:site\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Antonio Vilela\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/\"},\"author\":{\"name\":\"Antonio Vilela\",\"@id\":\"https:\/\/latamobility.com\/#\/schema\/person\/fda092a2de1f87d347784282908bad1a\"},\"headline\":\"FT: Sales of Electric Vehicles could Surpass Combustion Vehicles this Year in China\",\"datePublished\":\"2025-01-10T10:10:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/\"},\"wordCount\":299,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/latamobility.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD-3-1024x572-1.jpg\",\"keywords\":[\"China\",\"ELECTRIC MOBILITY\",\"Sustainability\"],\"articleSection\":[\"Electric Mobility\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/\",\"url\":\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/\",\"name\":\"FT: Sales of Electric Vehicles could Surpass Combustion Vehicles this Year in China - Latam Mobility\",\"isPartOf\":{\"@id\":\"https:\/\/latamobility.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/latamobility.com\/venta-de-vehiculos-electricos-podria-superar-a-los-de-combustion-este-ano-en-china\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/BYD-3-1024x572-1.jpg\",\"datePublished\":\"2025-01-10T10:10:28+00:00\",\"description\":\"A study by the Financial Times reveals that China expects to sell 12 million units of electric cars in 2025. 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