China’s NEV output, sales down more than 50% year on year in January 2020
Published: Monday, 17 February 2020
China’s output and sales of new energy vehicles (NEVs) fell by more than 50% year on year in January 2020.
China produced 40,000 NEVs in January 2020 - down by 55.4%
compared with January 2019, according to data released by the
China Association of Automobile Manufacturers (CAAM).
Sales of NEVs totaled 44,000 units in January, down by 54.4%
year on year.
CAAM said the decline was due to their being...