China Association of Automobile Manufacturers said on Monday that from January to October this year, China’s new energy vehicle output was 983,000, an increase of 11.7%. According to data from the China Association of Automobile Manufacturers, in October this year, the overall production and sales of automobiles continued to rise, but the rate of recovery was still low. The production and sales of automobiles in October were 2.295 million and 2.284 million, an increase of 3.9% and 0.6% from the previous month. The consumer demand in the passenger car market has not improved significantly, and commercial vehicles continue to maintain a good growth momentum under the effect of accelerating the elimination and investment. From January to October this year, the production and sales of automobiles were 20.44 million and 20.652 million, and the decline in production and sales was narrower than that from January to September.
