China’s Production and sales of new energy vehicles in October

According to statistics and analysis from the China Association of Automobile Manufacturers, in October, China's production and sales of new energy vehicles reached 989,000 and 956,000 respectively, with a month-on-month increase of 12.5% and 5.7%, and a year-on-year increase of 29.2% and 33.5%, respectively. From January to October, China's production and sales of new energy vehicles reached 7.352 million and 7.28 million respectively, with year-on-year growth of 33.9% and 37.8%.

In October 2023, among the main varieties of new energy vehicles, the production and sales of the three major categories of new energy vehicle varieties showed varying degrees of growth compared to the previous month; Compared with the same period last year, the production and sales of the three major categories of new energy vehicles have all shown double-digit growth. From January to October, among the main varieties of new energy vehicles, the production and sales of the three major categories of new energy vehicle varieties showed rapid growth compared to the same period last year.

In October 2023, the domestic sales of new energy vehicles in China reached 832,000 units, a month-on-month increase of 2.9% and a year-on-year increase of 37.3%. From January to October, the domestic sales of new energy vehicles in China reached 6.285 million units, a year-on-year increase of 31.4%;

In October 2023, China's new energy vehicle exports reached 124,000 units, with a month-on-month increase of 29.3% and a year-on-year increase of 12.8%. From January to October, China exported 995,000 new energy vehicles, with a year-on-year increase of 99.1%.

Source: Industry Information Department of China Automobile Association

Translated by; WONDEE Autoparts

2023/10/30