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China Sold 3.74 Million New Energy Vehicles in H1 2023
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2023-08-24
According to the China Association of Automobile Manufacturers (CAAM), China's automobile production reached 13.248 million units and sales reached 13.239 million units in January-June 2023, up 9.3% and 9.8% respectively. Among them, new energy vehicles continued to grow rapidly, with production reaching 3.788 million units and sales reaching 3.747 million units, up 42.4% and 44.1% respectively.
In terms of vehicle types, from January to June, the production of passenger cars reached 11.281 million units, and sales reached 11.268 million units, an increase of 8.1% and 8.8% respectively. During the same period, the production of new energy vehicles reached 3.788 million units and sales reached 3.747 million units, an increase of 42.4% and 44.1% respectively.
China's vehicle exports also increased, reaching 2.14 million units in January-June, up 75.7%. In terms of vehicle types, 1.78 million passenger cars were exported, an increase of 88.4%, while 361 thousand commercial vehicles were exported, an increase of 31.9%. Exports of new energy vehicles amounted to 534 thousand units, an increase of 1.6%.
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