NEV cars enjoy 59.8% growth
The new-energy vehicle market in China posted vigorous growth in the January-April period amid a sluggish broader automobile sector.
About 360,000 NEV cars were sold in the first four months of 2019, surging by 59.8 percent from the same period a year earlier, data from the China Association of Automobile Manufacturers showed yesterday. The production also rose 58.5 percent year on year.
Sales of electric vehicles rose 65.2 percent during the period to 277,600 units and sales of plug-in hybrid vehicles jumped 43.66 percent to 82,200 in the same period, the data showed.
China sold 96,800 NEVs in April, up 18.15 percent year on year, while the output reached 101,600, an increase of 25.03 percent from a year earlier.
The strong performance of NEVs came after the persistent efforts of the government to boost the NEV market by offering tax exemptions and discounts on car purchases to reduce pollution and foster green transportation.
Yesterday’s data also showed the broader automobile sector remained sluggish as the total auto sales and output for the first four months fell by 12.12 percent and 10.98 percent year on year, respectively.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.