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SHANGHAI: China's auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incentives.

But sales for the first seven months were still 2% lower than the corresponding 2021 period, data from the China Association of Automobile Manufacturers (CAAM) showed on Thursday.

Sales of new energy vehicles, which include pure electric vehicles, plug-in hybrids and hydrogen fuel-cell vehicles, increased 120% in July from the previous year.

CAAM tracks broader auto sales including passenger vehicles, buses and trucks, while the China Passenger Car Association, which reported July sales this week, focuses on retail sales of cars.

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July sales were 3.3% lower than June, as heat waves nationwide slowed the pace of factory production and reduced customer visits to showrooms.

China has tried to revive auto demand with incentives such as lower purchase tax for small-engine vehicles and subsidies to spur trade-ins of gasoline vehicles for electric ones.

The industry was hit hard by efforts to combat COVID-19 earlier in the year, with month of stringent lockdowns in the major manufacturing hubs of Shanghai and Changchun.

Higher oil costs and battery prices are pushing consumers to economic plug-in hybrids, sales of which nearly tripled in the first seven months of the year, while sales of purely electric vehicles doubled.

Demand for commercial vehicles stayed weak, with sales falling 21.5% in July, indicating China has yet to fully resume its activities in logistics and building infrastructure. - Reuters


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  1. usdt教程网(www.usdt8.vip)
    usdt教程网(www.usdt8.vip)
    (2022-09-16 00:13:46) 1#

    据台湾“中时网”报道,台湾不少打过两剂“高端”疫苗的民众,想要赴别国,必须重新接种其他国际认证的疫苗。对此,外界好奇这到底是混打还是重打。台北市长柯文哲15日就指出,这不是混打,是重打,他认为接种两剂不同但国际承认的疫苗才是混打,并在社交媒体加码痛批“就大大方方承认这不是混打而是重打”。可以日更吗

  2. USDT不用实名(www.usdt8.vip)
    USDT不用实名(www.usdt8.vip)
    (2022-09-30 00:11:39) 2#

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