China’s NEV sales shoot up 72.3% YoY in November 2022

Author: Date:2023-07-13 Reading:

Beijing (Gasgoo)- In November, China’s overall auto output and sales faced a downward movement due to a bearish market. Nonetheless, sales of new energy vehicles (NEVs) continued to refresh its record in the past month, while the auto export volume remained promising, according to the China Association of Automobile Manufacturers (CAAM).

In the second-to-last month of 2022, China produced and sold 2.386 million vehicles and 2.328 million vehicles, respectively, representing a year-over-year drop of 7.9% each. In the Jan.-Nov. period, there were 24.628 million vehicles produced across the country, up 6.1% year over year. Meanwhile, China’s year-to-date auto sales climbed up 3.3% from a year ago to 24.302 million units.

Despite the rough market climate across China, there were still 768,000 and 786,000 NEVs produced and sold in the world’s largest auto market in November, which reflected a respective 65.6% and 72.3% soar from a year ago.

NEVs accounted for 33.8% of the country’s total auto sales in the past month, hitting a record-high level yet again. Among which, 615,000 units sold were battery-electric vehicles, hiking up 67.4% year on year.

In the second-to-last month of 2022, China produced and sold 2.386 million vehicles and 2.328 million vehicles, respectively, representing a year-over-year drop of 7.9% each. In the Jan.-Nov. period, there were 24.628 million vehicles produced across the country, up 6.1% year over year. Meanwhile, China’s year-to-date auto sales climbed up 3.3% from a year ago to 24.302 million units.

Despite the rough market climate across China, there were still 768,000 and 786,000 NEVs produced and sold in the world’s largest auto market in November, which reflected a respective 65.6% and 72.3% soar from a year ago.

NEVs accounted for 33.8% of the country’s total auto sales in the past month, hitting a record-high level yet again. Among which, 615,000 units sold were battery-electric vehicles, hiking up 67.4% year on year.


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