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Sales and Production of New Energy Vehicles in May 2024 Analysis

Jun 24, 2024

 

Analysis of New Energy Vehicle Production and Sales in May 2024

According to the analysis by the China Association of Automobile Manufacturers, in May 2024, the production and sales of new energy vehicles continued to grow rapidly year-on-year.

New Energy Vehicle Monthly Sales

📈 In May 2024, the production and sales of new energy vehicles completed 940,000 and 955,000 units respectively, with year-on-year growth of 31.9% and 33.3%, respectively. The market share reached 39.5%.

Domestic Sales and Growth Rate of New Energy Vehicles

📊 In May 2024, the domestic sales of new energy vehicles were 856,000 units, with a month-on-month increase of 16.3% and a year-on-year increase of 40.8%.

📊 From January to May 2024, the domestic sales of new energy vehicles were 3,376,000 units, with a year-on-year increase of 35.9%.

Export Volume and Growth Rate of New Energy Vehicles

🚗 In May 2024, the export volume of new energy vehicles was 99,000 units, with a month-on-month decrease of 13.3% and a year-on-year decrease of 9%.

🚗 From January to May 2024, the export volume of new energy vehicles was 519,000 units, with a year-on-year increase of 13.7%.


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