Car sales in China surged 30 percent year-on-year to 2.5 million in January of 2021, the tenth straight month of increase, as the automobile industry's recovery further from the coronavirus pandemic. Sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles soared 239 percent from a year earlier to 179 thousand units. For 2021, China Association of Automobile Manufacturers expects car sales to rise by around 4 percent to 26.3 million, as expected in December 2020. source: China Association of Automobile Manufacturers
Total Vehicle Sales in China averaged 1124441.15 from 1997 until 2020, reaching an all time high of 3060271 in December of 2017 and a record low of 88416 in January of 1998. This page provides - China Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Total Vehicle Sales in China is expected to be 2400000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in China to stand at 2650000.00 in 12 months time. In the long-term, the China Total Vehicle Sales is projected to trend around 2650000.00 in 2022, according to our econometric models.