China Association of Automobile Manufacturers (CAAM): In February, new energy vehicle sales reached 765,000 units, representing a year-on-year decrease of 14.2%.

Data from the China Association of Automobile Manufacturers shows that in February this year, production and sales of new energy vehicles reached 694,000 units and 765,000 units respectively, representing year-on-year declines of 21.8% and 14.2%. New energy vehicle sales accounted for 42.4% of total new car sales.