OVERVIEW OF CHINESE VEHICLES PRODUCTION, SALES AND EXPORT VOLUME DATA IN FEBRUARY 2021

OVERVIEW OF CHINESE VEHICLES PRODUCTION, SALES AND EXPORT VOLUME DATA IN FEBRUARY 2021

RELEASE DATE：2021-04-08 15:03
Brief: Generally, in February 2021, the economic operation of China's automobile industry continued to recover stably, but the new crown epidemic is still spreading globally, and the recovery of domestic consumption is still slow.



VEHICLES PRODUCTION & SALES 
According to the analysis of the China Association of Automobile Manufacturers, in February 2021, automobile production and sales have declined month-on-month. The epidemic has led to a low level of production base and a substantial growth year-on-year. Market demand is still recovering. It is worth mentioning that new energy vehicles have refreshed the monthly production and sales record for 8 consecutive months.


*Data from China Association of Automobile Manufacturers

VEHICLES EXPORT VOLUME 
Affected by the spread of the overseas epidemic, exports have a strong role in driving exports. The return of production orders to the country drives industrial exports, and the growth rate of automobile exports exceeds 50%.


*Data from General Administration of Customs, National Bureau of Statistics

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Lynn
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