CATARC report - April 2018: NEV trends in China
New energy vehicle production increases by 97.2% y/y to 60,000 unit level in March
Production volumes in China (Summary)
This report is based on a report by Beijing CATARC Automotive Technology Development Company*;
MarkLines has edited and translated the company's report to prepare this report. Click here for a list of CATARC reports.
Production volume of new energy vehicles (electric vehicles [EVs], plug-in hybrid vehicles [PHVs], and fuel cell vehicles [FCVs]; excluding vehicles equipped with a lead-acid battery) in March 2018 in China increased by 76.9% month-over-month (m/m) and by 97.2% year-over-year (y/y) to over 60,000 units. By vehicle type, production volume of EVs and PHVs accounted for 74% and 26%, respectively, of the production share, and passenger cars, buses and special-purpose vehicles accounted for 93%, 5% and 2%, respectively, of the share.