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According to data released by the China Association of Automobile Manufacturers on the 11th, China's auto industry exhibited robust performance in November, marked by a brisk acceleration in production and supply. Both production and sales volumes posted growth on a month-on-month and year-on-year basis. Notably, monthly automobile production surpassed 3.5 million units for the first time, setting a new historical benchmark. Over the first 11 months of this year, auto production and sales have each exceeded 31 million units, with year-on-year growth rates surpassing 10% for both metrics. Focusing on new energy vehicles (NEVs), production and sales from January to November both neared 15 million units, each experiencing year-on-year growth exceeding 30%. Regarding exports, NEV shipments abroad reached 2.315 million units, doubling compared to the same period last year.
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