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China Ramps Up New Energy Vehicle Production

BEIJING--May 31, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--According to the latest data released by the China Association of Automobile Manufacturers, in the first four months of 2023, the production and sales volume of new energy vehicles in China reached 2.291 million and 2.222 million, respectively, with year-on-year growth of 42.8%. In April, the production and sales volume reached 640,000 and 636,000, respectively, with year-on-year growth of 110%. Industrial Info is tracking 22 new energy vehicle projects, worth about US$4.82 billion, in China.

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