China's Automotive Market Shows Strong Growth in May, with NEVs Leading the Way

Telah Terbit: Jun 12, 2025 18:01
The China Association of Automobile Manufacturers (CAAM) disclosed that China's automotive market continued to grow in May, with production and sales reaching 2.649 million units and 2.686 million units respectively, up 11.6% and 11.2% YoY. Monthly sales of new energy vehicles (NEVs) reached 1.307 million units, up 36.9% YoY, accounting for 48.7% of the overall market. From January to May, cumulative sales of NEVs reached 5.608 million units, up 44% YoY. In May, automobile exports reached 551,000 units, up 14.5% YoY, with cumulative exports of 2.49 million units in the first five months, up 7.9% YoY.

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The China Association of Automobile Manufacturers (CAAM) disclosed tha - Shanghai Metals Market (SMM)