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Alternative energy vehicles and Chinese Brand registered impressive growth

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The production and sales of new energy vehicles reached 25,246 units and 22,936 units respectively, increasing 54.8% and 46% year on year. To be specific, the production and sales of BEV reached 18,818 units and 17,637 units, increasing 63.5% and 60.5% year on year; and such figures for PHEV were 6,428 units and 5,299 units, increasing 33.8% and 12.3% year on year.

For the first quarter, the production and sales of new energy vehicles reached 62,663 units and 58,125 units respectively, increasing 1.1% and 1.0% year on year. To be specific, the production and sales of BEV reached 46,348 units and 42,131 units, both increasing 1.4% year on year; and such figures for PHEV were 16,315 units and 15,994 units, increasing 46.9% and 43% year on year.

In April, the total sales of Chinese brand passenger cars reached 748,000 units, up 8.7% year on year, accounting for 42% of the total sales of passenger cars. The market share increased 0.8 percentage points than the previous year. To be specific, the sales of Chinese brand cars were 170,000 units, down 13.4% year on year, accounting for 18.8% of the total sales of cars, with a decrease of 2.3 percentage points on market share. On the contrary, the sales of Chinese brand SUV and MPV both enjoyed growth in sales volume and market share. The sales reached 334,000 units and 158,000 units respectively, up 39.8% and 9.6% year on year. Their market shares increased 3.2 percentage points and 1.7 percentage points, reaching 54.9% and 88% respectively.

For the first four months, the accumulated sales of Chinese brand passenger cars reached 3,301,000 units, up 10.5% year on year. The market share increased 1.5 percentage points than the previous year, reaching 44.3%. To be specific, the sales of Chinese brand cars were 731,000 units, down 19.6% year on year, with a decrease of 2.9 percentage points on market share, reaching 19.6%. On the contrary, the sales of Chinese brand SUV and MPV both enjoyed growth in sales volume and market share. The sales reached 1,489,000 units and 778,000 units respectively, up 53.1% and 15.8% year on year. Their market shares increased 2.6 percentage points and 2 percentage points, reaching 57.9% and 91.6% respectively.

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