Key Allies China analysis on NEV market in December 2020

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

2021/01/29

 This report is based on the “New Energy Vehicle (NEV) (electric vehicles [EVs], plug-in hybrid vehicles [PHVs], and fuel cell vehicles [FCVs]) Industry Research Report” prepared by the Chinese consulting firm Key Allies; the report was edited and translated by MarkLines.

Related reports:

Key Allies China analysis on NEV market in November 2020 (December 2020)
Key Allies China analysis on NEV market in October 2020 (December 2020)
Key Allies China analysis on NEV market in September 2020 (October 2020)
Key Allies China analysis on NEV market in August 2020
(September 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: China Association of Automobile Manufacturers (CAAM)

 According to the statistics of the China Association of Automobile Manufacturers (CAAM), sales of new energy vehicles (NEVs) in the calendar year 2020 (January through December) rose 10.3% over the previous year to 1.359 million units. Monthly sales in December 2020 increased 51.5% compared to the same month in the previous year to nearly 248,000 units, marking the sixth consecutive month of year-over-year (y/y) growth.