New Energy Vehicles

China NEV Sales Fall 18.6% in January as Subsidy Cuts for Electric Vehicles Take Effect in 2022

China NEV Sales Fall 18.6% in January as Subsidy Cuts for Electric Vehicles Take Effect in 2022

China NEV sales dropped as per data of the China Association of Automobile Manufacturers that showed sales down by 18.6 percent month-on-month in January, a direct result of the country slashing subsidies for NEVs by 30 percent in 2022. more

China's Auto Sales Grow for First Time Since 2017; Climb 3.8% In 2021 With 26.28 Million Units Sold

China's Auto Sales Grow for First Time Since 2017; Climb 3.8% In 2021 With 26.28 Million Units Sold

Data coming from the China Association of Automobile Manufacturers (CAAM) showed that a total of 26.28 million vehicles were sold in the country last year, a 3.8 percent increase compared to 2020. more

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