China’s NEV output, sales in Q1 more than halved by Covid-19
Published: Wednesday, 15 April 2020
The output and sales of new energy vehicles (NEVs) in China tumbled by over 50% year on year in the first quarter of 2020 due to the effects of the Covid-19 virus on operations and end demand.
Chinese manufacturers produced 105,000 NEVs, including pure
electric vehicles (PEVs) and plug-in hybrids, in the first
quarter of 2020, down by 60.2% from the corresponding months of
2019, while total sales were at 114,000 units over the same
three months, down by 56.4% year on year, according to data