Category: Industry

China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says

Auto dealers' sales pace was disrupted in January due to the impact of the Covid infection wave and the early timing of the Chinese New Year, the CPCA said.

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China’s NEV sales at 814,000 units in Dec, contributing 31.8% of all vehicle sales, CAAM data show

For the full year 2022, China's NEV sales were 6.887 million units, up 93.4 percent year-on-year, accounting for 25.6 percent of all vehicle sales.

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China EV market getting through rough patch and should return to normal trend growth by spring, says Deutsche Bank

On a full-year basis, the reopening of China will have a positive impact on consumer sentiment and should boost vehicle production and sales in the second quarter, said Edison Yu's team.

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