国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

Auto sales rebound for second straight month in May

By Li Fusheng | China Daily | Updated: 2020-06-15 10:54
Share
Share - WeChat
A Tesla Model X attracts visitors at the 2nd China International Import Expo in Shanghai in 2019. [Photo by Li Fusheng/China Daily]

Sales in the commercial vehicle sector rebounded even higher. In May, sales totaled 520,000, up 48 percent year-on-year as workers are returned to their offices.

Total sales in the first five months reached 1.85 million, down 1 percent year-on-year.

Yet the new energy vehicle sector is yet to turn positive. A total of 84,000 units were sold in May, still a 25.8 percent fall from the same month in 2019. Sales from January to May were 295,000, a 40 percent nosedive year-on-year.

Warren Buffett-backed BYD sold 11,325 vehicles in May, only half of the figure of the same month last year.

But some carmakers are having more success. Tesla was the top-selling electric car brand with 11,095 vehicles.

The US company began deliveries from its massive new Shanghai factory around the start of the year. Monthly registrations of new Tesla vehicles in China have fluctuated this year amid the virus, from a low of 2,314 in February to a high of 12,710 in March, according to data from China Automotive Information Net.

Chinese electric car startup Nio delivered 3,436 vehicles last month, representing a 216 percent growth year-on-year. Its total deliveries this year totaled 10,429.

After growing rapidly for several years, electric car sales have lost momentum since the government moved to limit subsidies in mid-2019.

The pandemic also hurt demand and falling oil prices have made gasoline vehicles more competitive.

The government still considers electric cars a priority and has added a slew of fresh stimulus measures to help the industry recover.

UBS said the pandemic will produce little long-term impact on the sector.

"It may have affected some carmakers' financing," said UBS auto analyst Paul Gong. "But long-term goals, like China's goal of electric cars accounting for 25 percent of the country's total sales by 2025, are immune to the pandemic."

China's vehicle exports remained at a lower level as well. Statistics from the China Association of Automobile Manufacturers showed that merely 49,000 vehicles were sold in May, down 37.4 percent year-on-year.

From January to May, vehicle exports totaled 323,000, falling 17.5 percent year-on-year.

Chen said the fall in exports was primarily because of the waning demand overseas because of the pandemic.

"The demand is yet to recover in overseas markets, and export-oriented companies are not safe now," Chen said.

He estimated that vehicle exports will drop by 200,000 units this year, from about 1 million in 2019, as the coronavirus erodes global demand.

|<< Previous 1 2   
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
望奎县| 呼伦贝尔市| 洪湖市| 治县。| 高安市| 麦盖提县| 万盛区| 通州市| 城固县| 高密市| 西青区| 西平县| 中卫市| 福鼎市| 康乐县| 三门县| 麻江县| 棋牌| 民权县| 岳普湖县| 青冈县| 祁阳县| 大理市| 邯郸市| 尤溪县| 长沙县| 松潘县| 阿拉尔市| 临泉县| 许昌县| 白银市| 大宁县| 常山县| 韶山市| 丹棱县| 神木县| 台南市| 通化县| 兴国县| 东乡县| 长乐市|