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Monday, April 14, 2025

China’s NEV Production Reach 3.18M Units in Q1

Beijing (TDI): China’s new energy vehicles (NEVs) registered robust production and sales in the first quarter of 2025, industry data showed Friday.

NEV production jumped 50.4% year on year, reaching 3.18 million units in the first quarter, according to the China Association of Automobile Manufacturers (CAAM).

During the period, NEV sales increased 47.1% year on year to 3.08 million units, accounting for 41.2% of total vehicle sales in the period, the CAAM data revealed.

Read More: China’s Economy Sees Impressive Start in 2025

According to the association, China’s auto industry got off to a steady start as both production and sales achieved double-digit growth in the period, driven by the implementation of measures aimed at spurring auto consumption.

Total auto production hit 7.56 million units during the period, reflecting a 14.5% year-on-year rise, while sales climbed 11.2% to 7.47 million units.

Read More: China Unveils Policies to Boost Economy

Friday’s data also showed that China’s auto exports maintained steady growth momentum, with a year-on-year increase of 7.3%.

Notably, the NEV exports soared 43.9% year on year to 441,000 units.

China

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