China's Passenger Car Is Growing At Zero

- Dec 13, 2017 -

The number of suvs continues to narrow, and the decline in sedans has widened, while heavy lorries have suddenly fallen.In the face of all this, only new energy vehicles are growing at a rapid pace, and the growth rate is further expanded.In November, sales were weak, passenger vehicle sales were up by 0% year-on-year, and passenger car sales increased by 4.8% year-on-year.Even the SUV, which has been sitting on the rocket, has sold only 8.9% of its sales, falling into the single-digit range for the first time.

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Another reality is that the growth rate of commercial vehicles has also fallen.This, of course, has something to do with the sudden increase at the end of last year.However, we have seen that the cumulative growth rate in the first half of this year in the first half of this year was 63.9%, compared with the year-on-year growth of -35.5% in November.Yes, you read it correctly, with the month-on-month growth rate of -15.4%.The total number of new energy vehicles is expanding, with sales of 119,000 units in November, a total of 69,000 units sold in the previous 11 months, and this year it could break the 700, 000.Both new energy passenger cars and new energy commercial vehicles are on a large scale, showing strong growth both on a year-on-year basis and on a month-on-month basis.