Current location:politics >>
China's car market sees V
politics6People have gathered around
IntroductionPeople visit the exhibition area of BYD, China's new energy vehicle (NEV) manufacturer, during the 1 ...
People visit the exhibition area of BYD, China's new energy vehicle (NEV) manufacturer, during the 19th China (Changchun) International Automobile Expo in Changchun, capital of northeast China's Jilin Province, July 15, 2022. (Xinhua/Zhang Nan)
BEIJING, July 31 (Xinhua) -- China's passenger vehicle market saw a sharp recovery in June, buoyed by the country's robust consumer stimulus packages, according to a report from Fitch Ratings.
"The strong recovery is likely to continue into the third quarter of 2022 from a subdued level a year ago due to severe microchip shortages," the report stated.
Last month, wholesale deliveries of passenger vehicles soared by 42 percent year on year, while retail sales rose by 22 percent from a year ago, partly due to some delayed orders from May and front-loaded demand from July, the report said.
China's passenger vehicle exports continued to grow robustly by 40 percent year on year in the second quarter of 2022, as a result of strong overseas demand for electric vehicles and supply bottlenecks in other regions.
Despite a slowdown in April and May amid production halts and supply-chain bottlenecks, deliveries of electric vehicles doubled from a year ago in the second quarter, accounting for over 26 percent of that for passenger vehicles.
Official data showed that June's new energy vehicle sales hit a record high of 596,000 units, jumping 1.3 times from the same month of last year. ■
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Circuit news portal”。http://svalbard.whetstonetavern.com/article-91a199891.html
Related articles
Arkansas teacher, 26, is charged with sexually assaulting 15
politicsA teacher and children's volunteer at one of Arkansas' biggest churches accused of sexually abusing ...
【politics】
Read moreOrioles homer 3 more times in an 11
politicsBALTIMORE (AP) — Gunnar Henderson, Jordan Westburg and Ryan O’Hearn homered, Grayson Rodriguez pitch ...
【politics】
Read morePrincess Martha Louise has pre
politicsPrincess Martha Louise of Norway has furiously hit back at her future mother-in-law's claims that Du ...
【politics】
Read more
Popular articles
- Convicted robber, 45, admits stabbing charity busker, 87, while riding his mobility scooter
- Royals C Salvador Perez out of starting lineup again with groin injury
- Pirates 3B Ke'Bryan Hayes scratched with lower back tightness. Grandal starts rehab assignment
- Wild moment elephant marauds through small town in Montana after breaking loose from circus
- I know who killed Jill Dando, says her Crimewatch co
- Jon Bon Jovi says son Jake and future daughter
Latest articles
King and Queen jet back to London for public
Senate opposition leaves South Carolina energy bill with listless future
Queen Mary and King Frederik of Denmark join Queen Margrethe to celebrate her 84th birthday
Dortmund digs deep to beat Atlético 4
Twins bring Carlos Correa back from IL after 16
Johnny Depp embraces co
LINKS
- Lions strengthen their pass defense by drafting two cornerbacks
- Victoria Beckham explains how she perfects her signature smoky eye and a sun
- Reds starter Hunter Greene limits Rangers to 1 hit over 7 scoreless innings. They hold on to win 8
- Demi Lovato chops her hair and goes for a lighter brunette color as she shows off her fresh chin
- A look at recent events involving King Charles, Kate Middleton's health
- Haliburton breaks tie with 3
- The Giants got a big
- Türkiye calls for greater defense cooperation with Germany
- The tunnels have EYES! Inside the hidden 100
- From Catherine Zeta Jones and Carys Douglas to Cindy Crawford and Kaia Gerber