Industry dynamics

Changan Automobile’s May wholly-owned NEV sales surge 141% YoY

Publishtime:1970-01-01 08:00:00 Views:46

Beijing (ZXZC)- In the fifth month of 2022, Changan Automobile saw its overall monthly sales volume recover from April, according to the company’s report on June 9th.

Changan Automobile’s May wholly-owned NEV sales surge 141% YoY

In May, Changan Automobile sold 151,102 vehicles in total and produced 155,232 vehicles. Compared to the same month last year, the company saw a respective decline of 18.09% and 6.25%.

During the Jan.-May period, Changan Automobile’s cumulative sales volume summed up to 918,334 vehicles, representing a 10.65% decrease year over year. With 740,897 units sold, Changan Automobile’s China-branded vehicle sales accounted for 80.68% of the company’s year-to-date sales, slipping down 11.24% from the year-ago period. In the meantime, Changan Automobile’s wholly-owned passenger vehicle sales amounted to 510,872 vehicles in the past five months, notching down 10.72% compared to the previous year. 

Changan Automobile’s May wholly-owned NEV sales surge 141% YoY

Lumin; photo credit: Changan Automobile

Among the wholly-owned vehicles sales in the Jan.-May period, 82,158 units were sold overseas, surging 57.07% year on year. At the same time, Changan Automobile achieved a 140.92% soar in its China-branded new energy vehicle sales from a year ago, with 66,690 units sold. 

As to the company’s joint venture brands, Changan Ford and Changan Mazda sold 13,168 vehicles and 8,713 vehicles respectively, dropping 32.4% and 9.63% compared to the earlier year.