On October 12, data released by the China Association of Automobile Manufacturers revealed that from January to September this year, China’s new energy vehicle market witnessed double-digit growth in both production and sales. Specifically, production volume reached 12.483 million units, while sales volume hit 12.472 million units, marking year-on-year increases of 11% and 11.1%, respectively. Notably, new energy vehicle sales accounted for a substantial 53.6% of the total new vehicle sales. On the international front, China’s new energy vehicle exports from January to September soared to 4.006 million units, representing a remarkable year-on-year surge of 1.3 times.
