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2023-09-25

Sales of new energy vehicles increased by 31.6% in July, and exports increased by 87% year-on-year

According to data released by the China Association of Automobile Manufacturers on the 10th, in July this year, the production and sales of new energy vehicles in China were 805,000 and 780,000 respectively, a year-on-year increase of 30.6% and 31.6% respectively, with a market share of 32.7%. From January to July, the production and sales of new energy vehicles were 4.591 million and 4.526 million respectively, a year-on-year increase of 40% and 41.7% respectively, with a market share of 29%.

In July, domestic sales of new energy vehicles were 679,000 units, a month-on-month decrease of 6.9%, and a year-on-year increase of 26%; new energy vehicle exports were 101,000 units, a month-on-month increase of 29.5%, and a year-on-year increase of 87%. From January to July, domestic sales of new energy vehicles were 3.89 million units, a year-on-year increase of 32.5%; new energy vehicle exports were 636,000 units, a year-on-year increase of 1.5 times.

From January to July this year, my country's automobile production and sales reached 15.65 million units and 15.626 million units, a year-on-year increase of 7.4% and 7.9% respectively. Production and sales achieved steady year-on-year increases. In July, 392,000 automobiles were exported, a month-on-month increase of 2.7% and a year-on-year increase of 35.1%. From January to July, 2.533 million vehicles were exported, a year-on-year increase of 67.9%.

The relevant person in charge of the China Association of Automobile Manufacturers said that recently, my country has made it clear that it will boost bulk consumption such as automobiles, and has introduced a number of new measures to stabilize and expand automobile consumption. With the implementation of a new round of automobile consumption-promoting policies, automobile consumption potential is expected to be further released, which will help the industry achieve stable growth throughout the year.


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