Car gross sales in China fell 3per cent in Could from the identical month a yr earlier, snapping a streak of 13 consecutive months of positive aspects, trade information confirmed on Friday.

Cars for export wait to be loaded onto cargo vessels at a port in Lianyungang

FILE PHOTO: Automobiles for export wait to be loaded onto cargo vessels at a port in Lianyungang, Jiangsu province, China October 14, 2019. REUTERS/Stringer

BEIJING: Car gross sales in China fell 3per cent in Could from the identical month a yr earlier, snapping a streak of 13 consecutive months of positive aspects, trade information confirmed on Friday.

Total gross sales on this planet’s largest automotive market totaled 2.13 million autos in Could, information from the China Affiliation of Vehicle Producers (CAAM) confirmed.

Gross sales of recent vitality autos (NEVs), together with battery-powered electrical autos, plug-in petrol-electric hybrids and hydrogen fuel-cell autos, maintained their sturdy momentum, leaping 160per cent, with 217,000 items bought within the month.

NEV makers, equivalent to Nio Inc, Xpeng Inc and BYD, are increasing manufacturing capability in China, inspired by a coverage of selling greener autos to chop air pollution.

Tesla Inc bought 33,463 China-made electrical vehicles in Could.

(Reporting by Yilei Solar and Tony Munroe; Modifying by Clarence Fernandez and Kim Coghill)



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