Shanghai Nonferrous Metals News
CPCA (China Passenger Car Association): The sales of new energy cars gained by 98.1% m-o-m to 189,000 units in March 2021, a surge of 274.9% y-o-y. Of this figure, about 160,000 were all-electric cars, up 97.7% m-o-m; and 29,000 were hybrids, up 100.5% m-o-m. In Q1 2021, cumulative sales of new energy cars was 433,000 units, an increase of 305.2% y-o-y.