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China's April auto sales rise 8.6%, up for 13th straight month

Published 12/05/2021, 07:28
Updated 12/05/2021, 08:01
© Reuters. FILE PHOTO: An employee works on an assembly line at an automobile factory of SAIC Motor in Shanghai in this April 20, 2012. REUTERS/Aly Song

BEIJING (Reuters) - Vehicle sales in China rose 8.6% in April versus the same month a year earlier, their 13th consecutive month of gains, industry data showed on Wednesday, as the world's biggest car market leads the sector's recovery from the COVID-19 pandemic.

Sales reached 2.25 million vehicles in April, data from the China Association of Automobile Manufacturers (CAAM) showed.

© Reuters. FILE PHOTO: Newly manufactured cars are seen at the automobile terminal in the port of Dalian, Liaoning province, China July 9, 2018. REUTERS/Stringer

Sales of new energy vehicles (NEVs), including battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, maintained their strong sales momentum, jumping 180%, with 206,000 units sold in the month.

NEV makers, such as Nio Inc, Xpeng Inc and Tesla Inc, are expanding manufacturing capacity in China, encouraged by a policy of promoting greener vehicles to cut pollution.

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