NEV sales increased YoY for seven consecutive months, showing a good recovery momentum
According to the data from China Association of Automobile Manufacturers, the production and sales of new energy vehicles in January stood at 194,000 units and 179,000 units, which were 17.8% and 27.8% lower from December last year, but increased over 2.5 times compared with the same period of last year, up 285.8% and 238.5% respectively.
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