Key Allies China analysis on NEV market in September 2020

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

2020/10/26

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.

Related reports:
Key Allies China analysis on NEV market in August 2020(September 2020)
Key Allies China analysis on NEV market in July 2020(September 2020)
Key Allies China analysis on NEV market in June 2020(August 2020)
Key Allies China analysis on NEV market in May 2020(July 2020)
Key Allies China analysis on NEV market in April 2020(June 2020)

 

Table 1) NEV production volume by vehicle type (thousand units) Table 2) NEV monthly production volume (thousand units)
Table 3) NEV sales volume by vehicle type (thousand units) Table 4) NEV monthly sales volume (thousand units)

(Note: CAAM’s figures are rounded off; therefore, figures of items may not add up to the figures in totals.)
Source: CAAM

  According to statistics of the China Association of Automobile Manufacturers (CAAM), production of New Energy Vehicles (NEVs) in September 2020 increased 51.8% year-over-year (y/y) to 135 thousand units and sales of NEVs rose 71.9% y/y to 137 thousand units, marking an increase for the third consecutive month. From January to September 2020, production and sales of New Energy Vehicles were 731 thousand units and 727 thousand units, respectively, of which NEV passenger car production and sales were 667 thousand and 663 thousand units, NEV commercial vehicle production and sales were 64 thousand and 65 thousand units respectively.