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Home / Metal News / Sale of NEVs up 81% YoY in Jan-Sep

Sale of NEVs up 81% YoY in Jan-Sep

Oct 18, 2018 15:29

Source:SMM

Some 121,000 new-energy vehicles were sold across China in Sep

SHANGHAI, Oct 18 (SMM) –Some 121,000 new-energy vehicles (NEVs) were sold across China in September, an increase of 54.8% from September 2017, showed data from the China Association of Automobile Manufacturers (CAAM).

This grew overall NEVs sales in January-September to 721,000 units, soaring 81.1% on a yearly basis.

Also in September, automakers produced 127,000 NEVs in China, up 64.4% from a year earlier. Of which, pure electric vehicles accounted for 100,000 units, up 56.1% on the year, and plug-in hybrid ones accounted for 27,000 units, up 104.3% on the year.

Sales of pure electric vehicles came in at 94,000 units, 47% higher than September 2017; and sales of plug-in hybrid ones surged 90% year on year to stand at 27,000 units.

Production data

Sales data

NEVs

New-energy vehicles

Pure electric vehicle

Plug-in hybrid EV

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China produced 3.86 million units of automobiles during January to February, up 89.9% on the year, and this included 317,000 units of new energy vehicles, up 395.3% year on year, according to data from National Bureau of Statistics.

Mar 18, 2021 14:12

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Aug 24, 2020 14:53

SMM Comments

News of cobalt collection and storage underpinned cobalt prices, demand for Chinese e-bikes increased in Europe

China car production and sales hit record highs in June

Data from the China Association of Automobile Manufacturers (CAAM) showed that 2.33 million and 2.3 million automobiles were produced and sold, respectively, in China last month.

Jul 13, 2020 10:51

Analysis

China car production and sales hit record highs in June

How will SVOLT Energy’s cobalt-free battery technology shake the future of cobalt metal?

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SMM Insight

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Jun 9, 2020 15:32

Analysis

China's new energy passenger car sales rose 19.5% in May from month ago: CPCA

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Demand for lithium iron phosphate (LFP) batteries in the new energy vehicle market, which enjoy more cost advantage as compared to high-nickel ternary batteries, will likely increase with support from the latest 2020 NEV subsidy policy, under which only passenger cars costing less than 300,000 yuan/unit will receive subsidies.

Apr 27, 2020 15:50

SMM Insight

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Apr 9, 2020 13:53

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China excavator sales rose 12% YoY in March

China February NEV production tumbled 77.4% from a year ago

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Mar 10, 2020 10:17

Analysis

China February NEV production tumbled 77.4% from a year ago

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The China Passenger Car Association (CPCA) said on Monday that retail sales of sedans, multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs) in China stood at 252,308 units in February, down 85.3% from a month earlier and 78.5% from a year earlier.

Mar 9, 2020 16:31

Analysis

CPCA: China’s passenger car sales dropped 78.5% YoY in February

China NEV sales growth slowed to 5.1% in 2019

About 1.06 million new energy passenger vehicles were sold in China in 2019, up 5.1% from 2018

Jan 10, 2020 11:01

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China NEV sales growth slowed to 5.1% in 2019

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Sale of NEVs up 81% YoY in Jan-Sep

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