Caam Auto Prediction: China's new energy vehicle sales will be 5 million in 2022, an increase of 47% year-on-year

On December 14, at the "2022 China Auto Market Development Forecast Summit", the China Association of Automobile Manufacturers announced its [forecast] for the domestic auto market this year and 2022 (http://www.caam.org.cn/chn/3/cate_19/con_5235204.html). According to its forecast, China's total automobile sales in 2021 will be 26.1 million units, an increase of 3.1% year-on-year. Among them, passenger car sales were 21.3 million units, up 5.6% year-on-year; commercial vehicle sales were 4.8 million units, down 6.4% year-on-year; and new energy vehicle sales were 3.4 million units, up 1.5 times year-on-year. Caambiz predicts that china's total automobile sales in 2022 will be 27.5 million units, an increase of 5.4% year-on-year, of which passenger car sales will be 23 million units, an increase of 8% year-on-year; commercial vehicle sales will be 4.5 million units, down 6% year-on-year; and new energy vehicle sales will be 5 million units, an increase of 47% year-on-year.