Current location:Universal Unfoldings news portal > health
China's car market sees V
Universal Unfoldings news portal2024-05-21 13:09:19【health】6People have gathered around
IntroductionPeople visit the exhibition area of BYD, China's new energy vehicle (NEV) manufacturer, during the 1
People visit the exhibition area of BYD, China's new energy vehicle (NEV) manufacturer, during the 19th China (Changchun) International Automobile Expo in Changchun, capital of northeast China's Jilin Province, July 15, 2022. (Xinhua/Zhang Nan)
BEIJING, July 31 (Xinhua) -- China's passenger vehicle market saw a sharp recovery in June, buoyed by the country's robust consumer stimulus packages, according to a report from Fitch Ratings.
"The strong recovery is likely to continue into the third quarter of 2022 from a subdued level a year ago due to severe microchip shortages," the report stated.
Last month, wholesale deliveries of passenger vehicles soared by 42 percent year on year, while retail sales rose by 22 percent from a year ago, partly due to some delayed orders from May and front-loaded demand from July, the report said.
China's passenger vehicle exports continued to grow robustly by 40 percent year on year in the second quarter of 2022, as a result of strong overseas demand for electric vehicles and supply bottlenecks in other regions.
Despite a slowdown in April and May amid production halts and supply-chain bottlenecks, deliveries of electric vehicles doubled from a year ago in the second quarter, accounting for over 26 percent of that for passenger vehicles.
Official data showed that June's new energy vehicle sales hit a record high of 596,000 units, jumping 1.3 times from the same month of last year. ■
Address of this article:http://puertorico.arandomquote.com/article-02b899969.html
Very good!(2249)
Related articles
- Russian theater director and playwright go on trial over a play authorities say justifies terrorism
- Zheng Zhenxiang: A Life Dedicated to Archeology
- Helping Design China's First Large Passenger Aircraft
- The trial of a former Syrian general over alleged role in war crimes starts in Stockholm
- Six killed in a 'foiled coup' in Congo, the army says
- Passionate Dream Chaser — Teacher Strives to Improve China's Rural Education
- Chen Chunyan: 'Liusanjie of New Generation' Sings for New Era
- Lin Lin: Advocating Good Family Traditions, Healthy Social Practices
- Shooting injures 2 at Missouri high school graduation ceremony
- Raptor Rescuer Keeps Birds of Prey Under Her Wing
Popular articles
Recommended
Ohio judge to rule Monday on whether the state’s abortion ban stands
Yang Yang Set for Re
Working Hard During Golden Time
Zhang Lan: Helping Miao Women Use Fingertips to Achieve Prosperity
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
Chinese Woman Reaches Peak of Neuroscience Research
Uygur Woman's Career on Rise After Bakery Gamble Makes Her Lots of Dough
Lin Dan: Leader of 'Residents' Attendants'
Links
- China head coach Jankovic vows to move forward after loss to S. Korea
- China Tops World in Number of World Natural Heritage Sites
- China Tops World in Number of World Natural Heritage Sites
- Across China: Special Education Brightens Life of Children with Disabilities
- Watermelon Sales Boost Villagers' Income in Rongjiang County, Guizhou
- Watermelon Sales Boost Villagers' Income in Rongjiang County, Guizhou
- GLOBALink
- Villagers Perform Water Drum Dance in Jianhe County, SW China
- Fuzhou Promotes Community
- Graduation Ceremony Held at Kindergarten in Lanzhou, NW China's Gansu