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Nov 14 (LTIT) –China’s production of new energy vehicles stood at 85,000 units in October, down 39.7% from a year ago and 9.6% from a month ago, according to data from the National Bureau of Statistics (NBS) released on November 14. NEV production in January-October amounted to 961,000 units, up 11.5% from the same period last year. NBS data also showed that China produced 2.28 million automobiles, down 2.1% from October 2018. For the first 10 months of 2019, production of automobiles totalled 20.29 million units, down 11.1% on a year-over-year basis. |
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