In January 2025, the production and sales of passenger vehicles (PVs) in Mainland China aggregated 2.151 million and 2.133 million units respectively, representing a YoY growth of 3.3% and 0.8% respectively, according to the data released by China Association of Automobile Manufacturers (CAAM).

During the same period, the production and sales of new energy vehicles (NEVs) totaled 1.015 million and 944,000 units respectively, representing a YoY rise of 29% and 29.4%, with the sales of NEVs accounting for 38.9% of the total NEV sales.

The total exports of automobiles in January amounted to 470,000 units, up 6.1% YoY. Among which, 150,000 NEVs were exported, up 49.6% YoY.
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AAStocks Financial News
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