Key Allies China analysis on NEV market in April 2020
NEV (New Energy Vehicles) monthly sales data and market analysis
Analysis of NEV industry (Summary)
This report was based on the “research report on new energy vehicle (NEV) (electric vehicles [EVs], plug-in hybrid vehicles [PHVs], and fuel cell vehicles [FCVs])” industry prepared by the Chinese consulting firm Key Allies, and the report was edited and translated by MarkLines.
Production and sales in NEV market in April 2020 significantly decline
According to statistics by the China Association of Automobile Manufacturers (CAAM), production and sales volumes of NEVs in April 2020 declined by 22.1% year-over-year (y/y) to 80,000 units and by 26.5% y/y to 72,000 units, respectively.