BUSINESS China's NEV sales soar 58.2 pct in November

BUSINESS

China's NEV sales soar 58.2 pct in November

Xinhua

18:08, December 08, 2022

BEIJING, Dec. 8 (Xinhua) -- Retail sales of China's new energy vehicles (NEVs) continued to surge in November, the China Passenger Car Association said Thursday.

Photo taken on Oct. 15, 2021 shows a new energy vehicle (NEV) produced by China's leading NEV manufacturer BYD during the 130th session of the China Import and Export Fair, also known as the Canton Fair in Guangzhou, south China's Guangdong Province. (Photo: Xinhua)

Retail sales of China's new energy passenger cars came in at about 598,000 units, up 58.2 percent year on year.

The monthly figure is 7.8 percent higher than the previous month. In October, retail sales of new energy passenger cars came in at about 556,000 units, up 75.2 percent year on year.

From January to November, 5.03 million units of new energy passenger cars were sold via retail channels in the country, skyrocketing 100.1 percent from a year ago.

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