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China auto sales fall for 5th straight month in Sept. behind chip crunch

October 12, 2021
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Electrified vehicles

Sales of electrified vehicles industrywide keep forging ahead, advancing 150 percent to roughly 357,000 in September. 

The tally reflects some 296,000 full EVs and 61,000 plug-in hybrids, a jump of 150 percent and 140 percent, respectively.

In the first three quarters, deliveries of new EVs surged 190 percent to approximately 2.16 million, or about 1.79 million EVs and 367,000 plug-in hybrids. 

The chip shortage, which has stymied automakers worldwide, may ease somewhat for China’s auto industry in the final quarter, the China Association of Automobile Manufacturers predicted.

However, tight electricity supplies — largely a result of government mandates to curb industrial emissions — is adding new uncertainty to auto production while a spike in raw material costs will add operating pressures for automakers, the group cautioned. 

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