BUSINESS Chinese EV producer reports decline in sales

BUSINESS

Chinese EV producer reports decline in sales

Xinhua

17:30, May 10, 2020

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File photo

BEIJING, May 10 (Xinhua) -- Beijing Electric Vehicle Co. (BJEV), the electric car-making arm of BAIC Motor Corp., said its sales from January to April declined by 68.1 percent year on year.

BJEV sold a total of 9,586 vehicles in the first four months of this year, while the company's sales during the same period last year were 30,078.

The production of vehicles from January to April increased to 6,165, up 79.7 percent year on year.

BJEV sold over 150,000 electric vehicles in 2019, down 4.69 percent compared with year on year. Enditem

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