China's new car sales in October were positive for the fifth consecutive month compared to the same month last year, but the growth rate was lower than the previous year due to the spread of the new coronavirus infection in various parts of the country. It has shrunk significantly from the moon.
According to the Automobile Manufacturers Association, which is made up of Chinese automakers, the number of new cars sold in China in October was 2,505,000 units, an increase of 6.9% compared to the same month last year, marking the fifth consecutive month of sales. was an increase.
On the other hand, the growth rate shrank significantly to 18.8 points compared to the previous month.
In the background, sales were sluggish due to the spread of the new coronavirus infection in various parts of the country, and some dealers were unable to operate, and the supply of parts was delayed, which affected production. is.
On the other hand, sales of vehicles called ``new energy vehicles'' such as EVs were 714,000 units, a significant increase of 81.7% compared to the same month last year. 5.28 million units.
While the recovery of the Chinese economy has been delayed, the automobile market has maintained strong sales thus far.
However, there is no prospect of easing the "zero corona" policy that restricts movement, industry groups are uncertain whether the government's sales support measures will continue, and EV battery material prices are rising. Therefore, it is said that there is uncertainty, and the focus is on whether sales will continue to increase in the future.