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China s auto sales surge 75% in March, 12th straight monthly gain

By Reuters Staff 2 Min Read Newly manufactured cars are seen at a port in Dalian, Liaoning province, China April 10, 2020. China Daily via REUTERS BEIJING (Reuters) - Auto sales in China surged in March for their 12th consecutive month of gains, as the world’s biggest car market leads the sector’s recovery from the COVID-19 pandemic. Sales reached 2.53 million vehicles in March, up 74.9% year-on-year, data from the China Association of Automobile Manufacturers (CAAM) showed. Sales of new energy vehicles (NEVs), including battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, increased 239% in March to 226,000 units. NEV makers, such as homegrown Nio Inc and Xpeng Inc, as well as foreign groups, such as Tesla Inc, are expanding manufacturing capacity in China as it promotes greener vehicles to cut air pollution.

China s auto sales up 75% in March for 12th straight month; Tesla sells 35,478 cars

China s auto sales up 75% in March for 12th straight month; Tesla sells 35,478 cars Sales reached 2.53 million vehicles in March, up 74.9% year-on-year, data from the China Association of Automobile Manufacturers (CAAM) showed Reuters | April 9, 2021 | Updated 13:35 IST Auto sales in China surged in March for their 12th consecutive month of gains, as the world s biggest car market leads the sector s recovery from the COVID-19 pandemic. Sales reached 2.53 million vehicles in March, up 74.9% year-on-year, data from the China Association of Automobile Manufacturers (CAAM) showed. Sales of new energy vehicles (NEVs), including battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, increased 239% in March to 226,000 units.

China s auto sales surge in March - Buz & Tech News

2021-04-09 09:10:12 GMT2021-04-09 17:10:12(Beijing Time) Xinhua English BEIJING, April 9 (Xinhua) China s auto sales rose 74.9 percent year on year to 2.53 million units in March, data from the China Association of Automobile Manufacturers showed Friday. In the January-March period, the country s auto sales rose 75.6 percent year on year to 6.48 million units. Last month, sales of passenger vehicles increased 77.4 percent year on year to 1.87 million units. In the first three months, sales of passenger vehicles climbed 75.1 percent year on year to 5.08 million units. Enditem SINA English is the English-language destination for news and information about China. Find general information on life, culture and travel in China through our news and special reports or find business partners through our online Business Directory. For investment opportunities with SINA, please click the link Investor below.

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