·Chinese(gb) ·English ·ฉบับภาษาไทย ·Tiếng Việt
WAPWeb Accessibility RSS
Home About Liuzhou Government Liuzhou News Live in Liuzhou Travel in Liuzhou Invest in Liuzhou Interact
Current Location:  Home > Liuzhou News > China
 
China's new energy vehicle sales double in October
 
Date:2017-11-10  Source:Xinhua

BEIJING, Nov. 10 (Xinhua) -- Sales of new energy vehicles in China more than doubled in October, while overall auto sales grew steadily, data from the China Association of Automobile Manufacturers (CAAM) showed Friday.

Some 92,000 new energy vehicles were produced in October, up 85.9 percent year on year, and 91,000 were sold, up 106.7 percent from October 2016, according to CAAM.

Total auto sales remained stable, with some 2.7 million vehicles sold last month, up 2 percent year on year. But growth slowed from the 5.7 percent growth in September.

Meanwhile, a total of 2.6 million auto vehicles were produced in October, up 0.7 percent from the same period last year.

However, on a month-on-month basis, auto sales dropped 0.2 percent, while auto production was down 2.5 percent in October.

In the first ten months of the year, auto output and sales increased by 4.3 percent and 4.1 percent year-on-year to 22.96 million and 22.93 million, respectively.

The robust growth came as China has intensified efforts to encourage the use of new energy vehicles to ease pressure on the environment, by offering tax exemptions and discounts for car purchases, and ordering government organizations to buy more new energy cars.

In the latest move, Chinese banking authorities announced new loan policies to allow buyers of new-energy vehicles to borrow a larger portion of the purchase price.

Starting in 2018, NEV buyers can borrow up to 85 percent of the cost from banks, up from the previous 80 percent.

   Print   To Top    Close  
0

Related Articles

Sanxingdui culture-themed post office opens in SW China
China to promote space remote sensing development in 2018
China develops first offshore crane winch
BeiDou helps rescue over 10,000 fishermen in 5 years: spokesperson
China launches remote sensing satellites
Data processing lab to be built for FAST telescope
Chinese oracle bone inscriptions added to UNESCO world memory register
Chinese scientists develop fast-charging aluminum-graphene battery
China Focus: China's first domestic large amphibious aircraft makes maiden fl...
China's first commercial rocket launch firm raises 182 mln USD
   
Home  │ About Liuzhou  │ Site Map  │ Service and Privacy │ FAQ │ Download Forms   │ Contact Us
Copyright (C) 2006 The People's Government of Liuzhou Municipality,All Rights Reserved
Sponsored by Liuzhou Informational Leading Group Office (The Bureau Of The Information Industry Of Liuzhou)
Prepared by Liuzhou Network Management Centre Address:No. 66, Sanzhong Road, Liuzhou, China
ICP Certificate No.05009280