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PECHINO (CHINA) (XINHUA/ITALPRESS) - The dominant position of new energy vehicles (NEV) in the Chinese automotive market was further consolidated in August, with the sales of these vehicles representing a record share of 60.6% of the monthly sales of new cars. This is reported by the industry data released yesterday. Last month, the production and sales of NEV exceeded respectively 1.65 million and 1.64 million units, both increasing by almost 2…
The dominant position of new energy vehicles (NEV) in the Chinese automotive market was further consolidated in August, with sales of these vehicles representing a record 60.6% share of monthly sales of new cars.
China’s NEV Sales Share Hits Record High as Auto Industry Shifts to High-Quality Growth
China's NEV market continued rapid growth in August, supported by consumption subsidies and rising exports, while new policies promote fair competition, overseas compliance, and high-quality development of the auto industry. The post China’s NEV Sales Share Hits Record High as Auto Industry Shifts to High-Quality Growth appeared first on iChongqing.
The dominant position on the Chinese market of vehicles powered by new forms of energy (NEV) was consolidated in August, with NEV sales accounting for 60.6% of the monthly sales of new cars, a record level, showing the data published on Thursday by the Auto Producers Association of China (CAAM).
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