China’s total passenger car sales of 1.42 million units in February, China’s passenger car association data showed today, up 10.4 percent compared to the same period in 2022 when the week-long Lunar New Year holiday led to a decline in commercial activities.
It said car sales in the first two months fell 19.7 percent from a year ago. Sales of new energy vehicles, including battery-powered electric vehicles and electric vehicles that can be charged with electricity, accounted for more than 30 percent of total new car sales per month and rose 61 percent from a year ago, the association’s data showed.