China car and new energy vehicle ownership reaching 281 million and 4.92 million units respectively in 2020

On January 7, the Ministry of Public Security of the People’s Republic of China (MPS) announced that according to statistics, the car ownership in China reached 281 million units in 2020.
In 2020, there were 24.24 million newly registered cars, a decrease of 1.53 million units and down by 5.95% from 2019. Newly regis....

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