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China's New-Energy Vehicle Production More than Doubled in May

China's New-Energy Vehicle Production More than Doubled in May

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Industry Segment: Industrial Manufacturing | Word Count: 205 Words

June 22, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--China's production and sales of new-energy vehicles totaled 466,000 and 447,000, respectively, with a year-over-year increase of 110%, according to the China Association of Automobile Manufacturers. The market share of new-energy vehicles hit 24%, of which passenger cars accounted for 26.3%.

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