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Home Automobile

Vehicle sales and production in China ranked first in the world for 14 consecutive years

The News GlorybyThe News Glory
14/01/2023

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Beijing | Chen Xihua, deputy secretary-general of the Chinese Automobile Industry Association, said in a press conference on January 12 that in the year 2022, 20 million 70 lakh 21 thousand motor vehicles were produced in China and 20 million 68 lakh 64 thousand motor vehicles were sold, which are different But increased by 3.4 percent and 2.1 percent from last year. In this way, the total volume of sales and production of vehicles remained at the first place in the world for 14 consecutive years.

Chen Xi Hua told that in the year 2022 there was a rapid development of new energy motor vehicles. Last year, the number of new energy vehicles produced in China was 70,58,000 and the number of new energy vehicles sold was 6,887,000, which increased by 96.9 percent and 93.4 percent respectively. The proportion of new energy vehicles in the Chinese market reached 25.6 percent.

He told that in the year 2023, there is a great hope of improvement in the supply of chips. With the implementation of relevant enabling policies, the domestic automobile market will grow with stability.(IANS)

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