According to data released by CAAM, in March 2025, NEV production and sales reached 1.277 million and 1.237 million units, up 47.9% and 40.1% YoY, respectively. From January to March 2025, NEV production and sales totaled 3.182 million and 3.075 million units, up 50.4% and 47.1% YoY, respectively.In March 2025, NEV sales in the domestic market reached 1.079 million units, up 41.9% MoM and 42.3% YoY. From January to March 2025, NEV sales in the domestic market totaled 2.633 million units, up 47.6% YoY.In March 2025, NEV exports reached 158,000 units, up 20.1% MoM and 26.8% YoY. From January to March 2025, NEV exports totaled 441,000 units, up 43.9% YoY.
NVX Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held
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