CATARC report - November 2018: NEV trends in China
New energy vehicle production exceeds 130,000 units in October
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 (excluding vehicles equipped with a lead-acid battery) in October 2018 exceeded 130,000 units, marking a record high for monthly production. Production volume increased by 22.29% month-over-month (m/m). Production volumes of new energy vehicles in October for electric vehicles (EVs) and plug-in hybrid vehicles (PHVs) accounted for 78% and 22%, respectively, of the production share. By vehicle type, production volumes of passenger cars, buses, and special-purpose vehicles accounted for 86%, 5% and 9%, respectively, of the share.