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CN Auto Production & Sales Likely to Have Achieved Fresh Record of 34M+ Units Last Yr: CAAM
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During an event held by NIO-SW (09866.HK) regarding the rolling out of its 1 millionth mass-produced vehicle, Fu Bingfeng, Executive Vice President and Secretary General of the China Association of Automobile Manufacturers (CAAM), revealed that China's automobile production and sales are likely to have achieved a new high of over 34 million units in 2025 and have maintained a scale of over 30 million units for three consecutive years. Specifically, Fu said new energy vehicles made up over 50% of new vehicle sales in China, making them the dominant force in the Chinese market. AAStocks Financial News |
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