car Archive - EAC International Consulting https://eac-consulting.de/tag/car/ Euro Asia Consulting - Experten für Strategieberatung in Asien Thu, 22 Aug 2024 12:02:30 +0000 de hourly 1 https://wordpress.org/?v=7.1.2 https://eac-consulting.de/wp-content/uploads/2021/03/cropped-eac-favicon-32x32.png car Archive - EAC International Consulting https://eac-consulting.de/tag/car/ 32 32 The State of China’s Automotive Industry in 2021 https://eac-consulting.de/the-state-of-chinas-automotive-industry-in-2021/ Tue, 19 Oct 2021 08:03:53 +0000 https://eac-consulting.de/?p=4088 China Automotive Industry in 2021 What is the state of the Chinese automotive market? China as the world’s largest automotive market represents ~30% of global sales - despite being affected by the COVID-19 pandemic in the beginning of 2020. 25.3 million cars were sold (-1.9% YoY) in 2020 and passenger and commercial vehicle contributed 80% and 20% share respectively. Booming NEV sales also drove the market with 1.3 million sold units (+11% YoY). Up to the end of September in 2021, the entire car market has reached sales volume of 18.6 million (+8.7% YoY) with 2.2 million NEV sold (+190% ...

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