Key Allies China analysis on NEV market in April 2020

NEV (New Energy Vehicles) monthly sales data and market analysis

2020/06/12

Analysis of NEV industry (Summary)

This report was based on the “research report on new energy vehicle (NEV) 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.