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Home / Metal News / China February NEV production tumbled 77.4% from a year ago

China February NEV production tumbled 77.4% from a year ago

Mar 10, 2020 10:17

Source:SMM

Only 12,000 NEVs produced in China obtained qualification certificates in February, down 77.4% from a year ago, according to SMM data. Passenger vehicles accounted for 11,000 units, or 94.7%, while 300 were buses, taking up 2.9%. The rest 300 were special vehicles, accounting for 2.5% of the total.

SHANGHAI, Mar 10 (SMM) – China’s production of new energy vehicles shrank significantly last month as the outbreak of the COVID-19 epidemic delayed the resumption of factories.

SMM data also revealed that 0.6GWh of power batteries were installed last month, down 73.4% year on year.

In January, 48,000 NEVs obtained qualification certificates, with a year-over-year decline of 52.3%.

Production data

NEVs

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The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.14 million mt per day in the first ten days of July, down 5.56% from late June and up 0.32% from the same period a year ago.

Jul 14, 2021 13:47

Analysis

Daily crude steel output at CISA key mills fell 5.56% in early July

Daily crude steel output at CISA key mills rose 0.75% in early May

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.42 million mt per day in the first ten days of May, up 0.75% from late April and up 17.84% from the same period a year ago.

May 20, 2021 11:25

Analysis

Daily crude steel output at CISA key mills rose 0.75% in early May

Daily crude steel output at CISA key mills rose 3.25% in late April

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.4 million mt per day in the last ten days of April, up 3.25% from mid-April and up 19.27% from the same period a year ago.

May 11, 2021 10:00

Analysis

Daily crude steel output at CISA key mills rose 3.25% in late April

NBS: China produced 317,000 units of new energy vehicles in January-February

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

Analysis

NBS: China produced 317,000 units of new energy vehicles in January-February

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

Tight cobalt raw materials supply in China has gradually eased, and major traders expect refined cobalt prices to rise amid market talks that the government would collect and storage 2,000 mt of cobalt in late 2020. Prices of lithium salts were stable, with some producers planning to raise prices slightly.

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?

According to statistics from the United States Geological Survey in 2015, the world's proven land cobalt resources were about 25 million mt, with reserves of 7.2 million mt. The Democratic Republic of Congo, Australia and Cuba accounted for 68% of the global cobalt reserves. Congo (Gold) is the country with the most abundant cobalt reserves. As of 2014, cobalt reserves in Congo stood at 3.4 million mt, accounting for more than 50% of the world’s total.

Jun 11, 2020 15:25

SMM Insight

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

China primary aluminium output dips 1.6% YoY in Sep: NBS

Production dipped 1.6% from a year ago to 2.9 million mt in Sep

Oct 18, 2019 11:44

Analysis

China primary aluminium output dips 1.6% YoY in Sep: NBS

China stainless steel output grows 2.9% in Aug

Output was 18.03% higher than the corresponding month of 2018

Sep 12, 2019 13:23

Analysis

China stainless steel output grows 2.9% in Aug

China's daily average alumina output falls in Aug

Production of primary aluminium also dipped in Aug as accidents in smelters in Shandong and Xinjiang deterred production

Sep 10, 2019 15:41

Analysis

China's daily average alumina output falls in Aug

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China February NEV production tumbled 77.4% from a year ago

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit