CAAM: China's NEV Sales Soared 40.1% YoY in March

Published: Apr 22, 2025 10:03
According to data released by CAAM, in March 2025, NEV production and sales reached 1.277 million and 1.237 million units, up 47.9% and 40.1% YoY, respectively.

According to data released by CAAM, in March 2025, NEV production and sales reached 1.277 million and 1.237 million units, up 47.9% and 40.1% YoY, respectively. From January to March 2025, NEV production and sales totaled 3.182 million and 3.075 million units, up 50.4% and 47.1% YoY, respectively.

In March 2025, NEV sales in the domestic market reached 1.079 million units, up 41.9% MoM and 42.3% YoY. From January to March 2025, NEV sales in the domestic market totaled 2.633 million units, up 47.6% YoY.

In March 2025, NEV exports reached 158,000 units, up 20.1% MoM and 26.8% YoY. From January to March 2025, NEV exports totaled 441,000 units, up 43.9% YoY.

Please note that this news is sourced from https://baijiahao.baidu.com/s?id=1829635197370252804&wfr=spider&for=pc and translated by SMM.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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