According to data released by the Equipment Industry Department of the MIIT, the auto production and sales figures are as follows:
- In March, auto production and sales reached 3.006 million units and 2.915 million units, up 11.9% and 8.2% YoY, respectively.
- From January to March, auto production and sales reached 7.561 million units and 7.47 million units, up 14.5% and 11.2% YoY, respectively.
In terms of NEVs, the figures are as follows:
- In March, NEV production and sales reached 1.277 million units and 1.237 million units, up 47.9% and 40.1% YoY, respectively. NEV sales accounted for 42.4% of total auto sales.
- From January to March, NEV production and sales reached 3.182 million units and 3.075 million units, up 50.4% and 47.1% YoY, respectively. NEV sales accounted for 41.2% of total auto sales.