New Energy Vehicle Production and Sales Grow Double-Digit in First Three Quarters, Foreign Markets Shine

According to the latest data released by the China Association of Automobile Manufacturers on the 12th, China's new energy vehicle market achieved double-digit growth in production and sales from January to September this year, with particularly strong performance in overseas markets. The data shows that production and sales of new energy vehicles reached 12.483 million units and 12.472 million units respectively during the first nine months of the year, representing year-on-year increases of 11% and 11.1%. New energy vehicle sales accounted for 53.6% of total new car sales.