CPCA: In August, sales and production of new energy vehicles reached 1.092 million and 1.1 million respectively, representing a year-on-year increase of 29.6% and 30% respectively.

According to analysis by the China Association of Automobile Manufacturers, in August 2024, the sales of new energy vehicles grew rapidly year-on-year. In August 2024, the production and sales of new energy vehicles reached 1.092 million and 1.1 million units respectively, with year-on-year growth of 29.6% and 30%. From January to August 2024, the production and sales of new energy vehicles reached 7.008 million and 7.037 million units respectively, with year-on-year growth of 29% and 30.9%. In August 2024, domestic sales of new energy vehicles reached 990,000 units, an increase of 11.6% month-on-month and 30.9% year-on-year. From January to August 2024, domestic sales of new energy vehicles reached 6.219 million units, with a year-on-year growth of 33.8%. In August 2024, exports of new energy vehicles reached 110,000 units, an increase of 6.1% month-on-month and 22% year-on-year. From January to August 2024, exports of new energy vehicles reached 818,000 units, with a year-on-year growth of 12.6%.