According to the Chinese Association of Automobile Manufacturers (CAAM), in the first ten months of this year, the production and sales of new energy vehicles (NEV) in China amounted to 13.015 million units and 12.943 million units, which is 33.1 percent and 32.7 percent more than last year, respectively.
Sales of vehicles powered by new energy sources accounted for 46.7 percent of total new car sales. for the first ten months.
In October, China's new energy vehicle production and sales totaled 1.772 million units and 1.715 million units, up 21.1 percent and 20.0 percent from last year, while NEV sales accounted for 51.6 percent of total new vehicle sales in the month, the first time NEV sales exceeded half of total car sales in one month.
In particular, between January and October of this year, China's exports of new energy vehicles totaled 2.014 million units, up 90.4 percent from last year, while in October alone, China's exports of NEV totaled 256,000 units, up 99.9 percent from last year. and it increased by 15.4 percent per month.
