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A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
Investors in BAIC Motor (HKG:1958) Have Unfortunately Lost 25% Over the Last Five Years
China's Auto Sector Gets Boost From National Trade-in Policy in November
China's Auto Circulation Association: The used car market was significantly active in December, with an average daily Trade volume reaching 0.0666 million vehicles.
On December 12, the China Automobile Dealers Association released the weekly report on the used car market.
Hyundai Motor, BAIC to Inject $1.1 Billion in Chinese Joint Venture
Featured announcements | Kanzhun revenue increased 19% year-on-year in the third quarter; China Taibao's original premium income during the year exceeded 410 billion yuan
Xinyi Glass and Xinyi Auto Glass (Hong Kong) signed a 2024 glass supply agreement; CGN Energy completed a cumulative total of 17,684.1 gigawatt-hours of power generation in the first 11 months, an increase of 1.7% over the previous year.
Analysts Just Shaved Their BAIC Motor Corporation Limited (HKG:1958) Forecasts Dramatically
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