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CPCA Envisions 2024 CN NEV-PV Sales 10.68M Units, Full-yr Exports 1.22M Units
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Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), forecasted the annual sales of new energy passenger vehicles (NEV-PVs) in China to reach 10.68 million units in 2024, marking a 38% YoY increase, while sales in 4Q alone will be 3.55 million units, marking a 39% YoY rise. Despite the impact of the EU's anti-subsidy tariffs, Cui said that the export of NEV-PVs continues to grow this year. He anticipated the 4Q export volume to climb by 12% YoY to 330,000 units, while the total annual export volume will swell by 17% YoY to 1.22 million units. AAStocks Financial News |
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