According to the forecast of the China Association of Automobile Manufacturers, the total sales volume of China's automobiles 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.
In addition, Total Vehicle Sales in China are expected to be 27.5 million units in 2022, up 5.4% year-on-year. Among them, passenger car sales were 23 million units, an increase of 8% year-on-year; commercial vehicle sales were 4.5 million units, down 6% year-on-year; and new energy vehicle sales were 5 million units, an increase of 47% year-on-year. (Proofreading/Hidden Drei)