HomeInternationalChina’s NEV retail sales surged in April in spite epidemic blow

China’s NEV retail sales surged in April in spite epidemic blow

Date:

Related stories

Again Kemi Badenoch criticizes Nigeria, vows to protect Britain from similar decline

UK Conservative Party leader, Kemi Badenoch, has expressed strong...

BRICS welcomes Nigeria as partner country amidst economic crisis

Nigeria has officially joined the BRICS bloc as a...

Israel, Hamas agree to ceasefire, hostages to be released

Israel and Hamas have reached an agreement for a...

19 killed in attack on Chad’s presidential complex

Gunmen attempted to storm the presidential complex in Chad’s...

Drunk police officer frees 13 suspects to celebrate New Year

A Zambian police officer, Detective Inspector Titus Phiri, has...
spot_img

Sales of new energy vehicles (NEVs) in China surged in April in spite of COVID-19 resurgences, data from an industry association showed on Tuesday.

Last month, the retail sales of NEVs in China expanded 78.4 per cent year on year to 282,000 units, according to the China Passenger Car Association.

China adopts law on futures, derivatives

In the first four months of this year, the sales of NEVs in China totalled 1.35 million units, skyrocketing by 128.4 per cent year on year, the data showed.

The data showed the NEV market penetration rate stood at 27.1 per cent in April, compared with 9.8 per cent in the same month of last year.

Data from the association also showed the retail sales of passenger cars in China declined 35.5 per cent year on year to 1.04 million units last month. (Xinhua/NAN)

Subscribe

Latest stories