Vehicles await export at a port in Taicang, Jiangsu province, on Monday. JI HAIXIN/FOR CHINA DAILY
BEIJING — China's auto industry is accelerating its green and high-quality transformation, powered by the rapid growth of new energy vehicles, which signaled a structural shift by accounting for more than half of China's monthly car sales in April.
NEVs made up 53.2 percent of total new car sales in April, up from 47.3 percent a year earlier, according to the China Association of Automobile Manufacturers.
In the first four months, NEV sales reached 4.304 million units, while total auto exports surged 61.5 percent to 3.127 million units, with NEV exports more than doubling to 1.384 million units.
"Recent policy measures have sent positive signals that will help improve domestic demand, consolidate foreign trade advantages and promote stable and high-quality development of the sector," said Chen Shihua, deputy secretary-general of CAAM.
