China’s NEV output, sales down more than 50% year on year in January 2020

By Carrie Shi
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...

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