Recently, the China Association of Automobile Manufacturers (CAAM) released its production and sales report for May. In May 2024, China’s automobile production and sales reached 2.372 million and 2.417 million, respectively, with year-on-year growth of 1.7% and 1.5%.
Among them, the production and sales of new energy vehicles reached 94000 and 955000 respectively, with year-on-year growth of 31.9% and 33.3%.
In May, the production and sales of passenger cars reached 2.051 million and 2.075 million respectively, with year-on-year growth of 2% and 1.2%.
From January to May, the production and sales of passenger cars reached 9.709 million and 9.765 million respectively, with year-on-year growth of 7.1% and 8.5%.
In May, the production and sales of new energy vehicles reached 94000 and 955000 respectively, with year-on-year growth of 31.9% and 33.3%; The sales of new energy vehicles account for 39.5% of the total sales of new vehicles.
From January to May, the production and sales of new energy vehicles reached 3.926 million and 3.895 million, respectively, with a year-on-year increase of 30.7% and 32.5%; The sales of new energy vehicles account for 33.9% of the total sales of new vehicles.
In May, the export of complete vehicles reached 481000 units, a year-on-year increase of 23.9%. The export of new energy vehicles reached 99000 units, a year-on-year decrease of 9%.
From January to May, the export of complete vehicles was 2.308 million, a year-on-year increase of 31.3%. The export of new energy vehicles reached 519000 units, a year-on-year increase of 13.7%.