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On March 11, the president of the China Association of Automobile Manufacturers highlighted that following the Spring Festival in February, automotive enterprises intensified production and operations, frequently introduced new products, and conducted promotional activities, significantly boosting market vitality. From January to February, with the expansion and implementation of the trade-in policy, coupled with enterprise technology upgrades and product updates, the demand for automobiles surged, leading to a steady increase in production and sales. Notably, new energy vehicles stood out with their consistent and rapid growth in both production and sales. The automotive industry thus kicked off the year on a positive note, setting a solid foundation for a prosperous first quarter.
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