China’s automobile production and sales increased by 6.4% and 10.6% respectively in the first quarter

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Data released by the China Association of Automobile Manufacturers shows that China’s automobile production and sales increased rapidly after the Spring Festival. In the first quarter, automobile production and sales reached 6.606 million units and 6.72 million units respectively, a year-on-year increase of 6.4% and 10.6%, of which the month-on-month growth in March was 78.4% and 78.4% respectively. 70.2%.

New energy vehicles have maintained rapid growth, with their market share stabilizing at 30%. Complete vehicle exports have continued to maintain a high level, and the market share of Chinese brands has remained high. China’s automobile industry prosperity index is 55, down 6 points from the previous quarter and still at normal levels. At the same time, the increase in China’s electric vehicle charging infrastructure increased by 13.2% year-on-year, and the cumulative number increased by 59.4%.

(Source: enanyang Image source: freepik)

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