Great Wall Motor (02333) rose 7.58% to HK $19.02 as of press time, while BYD shares (01211) rose 5.98% to HK $152.4, Geely Motor (00175) rose 2.39% to HK $18, and GAC GROUP (02238) rose 2.24% to HK $6.86, Zhitong Financial APP learned.

On the news, according to the automobile production and sales data released by the China Association of Automobile Manufacturers in April 2021, passenger car production and sales completed 1.714 million and 1.704 million respectively in April, down 9% and 9.1% respectively from the previous month, and an increase of 7.9% and 10.8% respectively over the same period last year. During the period, the production of new energy vehicles was 216000, an increase of 1.6 times over the same period last year, and sales completed 206000 units, an increase of 1.8 times over the same period last year, showing a good growth trend and continuing to set a new record in April. The domestic retail penetration rate of new energy vehicles in April is 10.1%. The penetration rate from January to April is 9.0%.