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Home / Metal News / China NEV sales drop 15.8% YoY in Aug: CAAM

China NEV sales drop 15.8% YoY in Aug: CAAM

Sep 11, 2019 15:10

Source:SMM

NEV sales dropped for a second straight month in Aug

SHANGHAI, Sep 11 (SMM) – Sales of new energy vehicles in China dropped for a second straight month in August, falling 15.8% from a year ago to 85,000 units, data from the China Association of Automobile Manufacturers (CAAM) released on Wednesday September 11 showed.

China NEV sales posted its first year-over-year decline of 4.7% in July.

For the first eight months of 2019, NEV sales amounted to 793,000 units, up 32% from the same period last year.

CAAM data also showed that car sales last month dropped 6.9% from a year ago to 1.96 million units. Sales of automobiles in January-August were 11% lower than the same period of 2018.

Sales data

New energy vehicle

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China’s wholesale deliveries of new energy passenger vehicles rose 19.5% to 70,200 units in May from the previous month, according to data from the China Passenger Car Association (CPCA) released Monday.

Jun 9, 2020 15:32

Analysis

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

SMM China Cobalt-Lithium & New Energy Weekly: Keeping track of the cobalt-lithium and new energy industry chain

The outlook for the China’s cobalt-lithium new energy industry in 2020 is full of uncertainties with the hampering impact of COVID-19 on global trade. On the demand side, cobalt-lithium new energy (the key downstream application segment), the new energy vehicles (NEVs) and the 3C consumer markets are affected by the global widespread of the coronavirus pandemic, with sharp declines in overseas orders. On the supply side, we saw the suspension of production across mine smelters and port closures as the demand and supply fundamentals has changed tremendously due to COVID-19.

Jun 12, 2020 18:51

Reminder

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China excavator sales rose 12% YoY in March

China’s excavator sales increased 11.6% year on year in March, recovering from a 50.5% tumble in February, as key construction projects resumed work after the coronavirus pandemic outbreak in the country came under control.

Apr 9, 2020 13:53

Analysis

China excavator sales rose 12% YoY in March

China excavator sales tumbled more than 50% YoY in February

The top 25 Chinese excavator makers sold 9,280 excavators last month, down 50.5% from a year earlier, according to data from China Construction Machinery Association.

Mar 11, 2020 14:41

Analysis

China excavator sales tumbled more than 50% YoY in February

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

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

Analysis

China NEV sales growth slowed to 5.1% in 2019

China car sales to slip 2% in 2020

China's auto market is unlikely to recover until 2022

Dec 13, 2019 11:07

Industry

China new energy vehicle sales fell 42% YoY in November

NEV sales fell for a fifth straight month in November

Dec 10, 2019 14:53

Analysis

China new energy vehicle sales fell 42% YoY in November

China’s NEV sales fell 45.6% YoY in Oct: CAAM

China’s sales of new energy vehicles declined 45.6% from a year ago to 75,000 units in Oct

Nov 11, 2019 14:31

Analysis

China’s NEV sales fell 45.6% YoY in Oct: CAAM

China NEV sales declined 45.4% YoY in Oct: CPCA

The sales rose 1% from Sep

Nov 11, 2019 11:15

Analysis

China NEV sales declined 45.4% YoY in Oct: CPCA

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China NEV sales drop 15.8% YoY in Aug: CAAM

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