Industry dynamics

China sells 477,000 NEVs in Feb, down 34.6% from Jan, CAAM data show

Publishtime:1970-01-01 08:00:00 Views:13

Excluding exports, domestic NEV sales in February totaled 395,000 units, down 9.8 percent year-on-year and down 37.2 percent from January.

PHEV sales in February were 183,000 units, up 22.4 percent year-on-year but 35.56 percent lower than January.

Fuel cell vehicle sales in February were 200 units, up 370 percent from a year earlier.

China's all vehicle sales in February were 1,584,000 units, down 19.9 percent year-on-year and 35.1 percent lower than in January.

This means that NEV penetration was 30.1 percent in February, up from 29.9 percent in January and back above 30 percent.

Excluding exports, domestic NEV sales in February were 395,000 units, 9.8 percent lower year-on-year and 37.2 percent lower than in January.

In February, vehicle exports from China were 377,000 units, up 14.7 percent year-on-year but 14.9 percent lower than in January.

Of these, NEV exports were 82,000 units, down 5.9 percent year-on-year and down 18.5 percent from January.

China exported 66,000 units of BEVs in February, down 19.4 percent year-on-year and down 19.1 percent from January.

PHEV exports totaled 16,000 units in February, up 230 percent year-on-year but down 15.5 percent from January.

China's NEV retail at 388,000 in Feb, down 42.1% from Jan