Xinhua
11 Apr 2025, 14:49 GMT+10
BEIJING, April 11 (Xinhua) -- China's new energy vehicles (NEVs) saw robust production and sales in the first quarter of 2025, industry data showed Friday.
NEV production surged 50.4 percent year on year to 3.18 million units in the first three months, according to the China Association of Automobile Manufacturers (CAAM).
During the period, NEV sales soared 47.1 percent year on year to 3.08 million units, accounting for 41.2 percent of total vehicle sales in the period, according to CAAM data.
According to the association, China's auto industry got off to a steady start as both production and sales achieved double-digit growth in the period, driven by the implementation of measures aimed at spurring auto consumption.
Total auto output reached 7.56 million units in the period, marking a 14.5 percent year-on-year increase, while sales grew 11.2 percent to 7.47 million units.
Friday's data also showed that the country's auto exports maintained steady growth momentum, with a year-on-year increase of 7.3 percent. Notably, the NEV exports soared 43.9 percent year on year to 441,000 units.
Get a daily dose of Hong Kong Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Hong Kong Herald.
More InformationBEIJING, China -- The Communist Party of China has launched a four-month campaign to urge its around 100 million members to bolster...
MANILA, Philippines: A Philippine security official stated that acquiring F-16 fighter jets from the United States will not harm any...
Robotic arms operate at a workshop of an auto parts manufacturing company in Feixi County of Hefei, east China's Anhui Province, March...
(250411) -- HAIKOU, April 11, 2025 (Xinhua) -- A aerial drone photo taken on April 4, 2025 shows the Hainan International Convention...
First quarter shipments abroad totaled 11.8 million tons, according to statistics ...
Chinese President Xi Jinping meets with Cambodian King Norodom Sihamoni in Hangzhou, capital city of east China's Zhejiang Province,...
NEW YORK, New York - U.S. stocks fell sharply Thursday, wiping out much of the gains that came in the relief rally a day earlier after...
LOS ANGELES, California: Over the weekend, hundreds of Hollywood workers, including crew members, producers, and actors, asked California...
ATHENS, Greece: As Europe braces for the economic fallout of new U.S. tariffs, a top eurozone official has warned the consequences...
LA PAZ, Bolivia: Rising prices are changing daily life for Bolivians, forcing families to cut back as inflation hits its highest levels...
NEW YORK, New York - U.S. stocks roared back to life on Wednesday after U.S. President Donald Trump back flipped on his recently announced...
AUSTIN, Texas: Attorney General Ken Paxton announced over the weekend that the state has launched an investigation into a company,...