The first decline in car sales in 14 months

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  China sold 10.88 million cars between January and May, up 36% (Getty)</p><div><p>I retreated <a target="_blank" href="https://www.alaraby.co.uk/%22%D8%AE%D9%84%D9%8A%D9%87%D8%A7-%D8%AA%D8%B5%D8%AF%D9%8A%22-%D8%AD%D9%85%D9%84%D8%A7%D8%AA-%D9%85%D9%82%D8%A7%D8%B7%D8%B9%D8%A9-%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%AA%D8%B4%D9%84%D9%91-%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA" rel="noopener">car sales</a> In China, 3% in May, compared to the corresponding month of last year, which ended a 13-month succession of gains that began since April 2020, according to data from the “Union of China” <a target="_blank" href="https://www.alaraby.co.uk/economy/%D8%A3%D8%B2%D9%85%D8%A9-%D8%A7%D9%84%D8%B1%D9%82%D8%A7%D8%A6%D9%82-%D8%AA%D9%87%D8%AF%D8%AF-%D8%A8%D8%A7%D9%84%D8%AA%D9%87%D8%A7%D9%85-110-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D9%85%D9%86-%D8%A5%D9%8A%D8%B1%D8%A7%D8%AF%D8%A7%D8%AA-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA" rel="noopener">car manufacturers</a> in China," today, Friday.

The union reported that total sales in the largest car market Worldwide, there were 2.13 million cars in May.

China sold 10.88 million cars in the January-May period, up 36 percent from the same period a year ago.

Sales of new energy vehicles, including battery electric cars, gasoline-electric hybrids and hydrogen fuel cell vehicles, maintained their strong momentum, jumping 160% with 217,000 vehicles sold in May.

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Manufacturers of new energy vehicles, such as Niu, Xpeng and BYD, are expanding manufacturing capabilities in China, encouraged by the government’s promotion of greener cars to reduce air pollution.

Tesla sold 33,463 electric cars in China in May.

(Reuters)





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