Tag: expected to rise 5%

China’s automobile sales expected to rise 5% to 27.5 million units in CY’22

Jan 25, 2022

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Govt to cut subsidies on NEV sales Sharp rise in auto exports to boost production Chip supply shortage to ease in H2CY’22 Production and sales of automobiles in China will be 26.082 million units and 26.275 million units in 2021 – a year-on-year increase of 3.4% and 3.8%, respectively, according to the China Association of…