China's new energy vehicle sales remain world's first for eight consecutive years

The latest statistics from the China Association of Automobile Manufactures show that China's new energy vehicles continued to develop well in 2022, with production and sales of 7.058 million and 6.887 million units respectively, up 96.9% and 93.4% year-on-year, remaining the world's number one for eight consecutive years, according to the Chinese mainland media.

Data show that China has one of the largest new energy vehicle markets in the world. Last year, China sold 6.887 million units of new energy vehicles, increasing its market share to 25.6%, 12.1 percentage points higher than the previous year, and accounting for more than 60% of global sales.

China's new energy vehicles are expected to maintain a relatively fast growth trend this year, the person in charge of the Ministry of Industry and Information Technology said.