Under a number of favorable factors, China's new energy vehicle sales in August increased by 27%year -on -year.

According to the WeChat public account "China Automobile Association Data" of the China Automobile Industry Association, China's automobile production and sales in August completed 2.575 million and 2.582 million, respectively, with a month -on -month increase of 7.2%and 8.2%, respectively, year -on -year, respectively, respectively, year -on -year respectivelyGrowing 7.5%and 8.4%.Driven by the government's promotional consumption policies and preferential promotions of car companies, production and sales continue to restore the situation.In addition, the influence of China's southern power restrictions in China last year, the overall market performance in August was not faint, and it increased year -on -year.

The China Automobile Industry Association said that from January to August, the production and sales of automobiles were 18.225 million and 18.21 million, respectively, an increase of 7.4%and 8%year -on -year, and the production growth rate was flat from January to July.The growth rate fell 0.1 percentage points from January to July.

In August, the production and sales of new energy vehicles completed 843,000 and 846,000, respectively, an increase of 4.7%and 8.5%, respectively, an increase of 22%and 27%year -on -year, and the market share reached 32.8%.

From January to August, the production and sales of new energy vehicles were 5.434 million and 5.374 million, respectively, an increase of 36.9%and 39.2%year -on -year, and the market share reached 29.5%.