In May, the production and sales of automobiles reached 1.926 million and 1.862 million respectively, a month-on-month increase of 59.7% and 57.6%, and a year-on-year decrease of 5.7% and 12.6% respectively. The joint boost of central and local policies has played a significant role in boosting automobile consumption. In addition, through the hard work of the automotive industry, the pace of resumption of work and production has been significantly accelerated, and the automotive industry chain and supply chain have gradually been smoothed.

From January to May, the production and sales of new energy vehicles were 2.071 million and 2.003 million respectively, an increase of 1.1 times year-on-year. Chen Shihua said that in the first five months, the production and sales of new energy vehicles in China have both exceeded 2 million. According to the monthly change pattern, it is usually "low before and high", so h

Since late May, a series of policies and measures to promote consumption and stabilize growth have been successively introduced at the national level. The policies are highly inclusive and have played a good role in pushing the economy back to a normal track and ensuring that it operates within a reasonable range. At the same time, the local government responded positively and issued a variety of supporting policies to promote automobile consumption, which greatly activated the market.

In terms of models, the production of passenger cars has been higher than the level of the same period, and the sales volume is slightly lower than the level of the same period. The recovery is good, indicating that consumption is picking up. According to the data, the production and sales of passenger vehicles in May were 1.701 million and 1.623 million, an increase of 70.8% and 68.2% from the previous month.

However, the performance of new energy in the market is very bright. In May, the production and sales of new energy vehicles were 466,000 units and 447,000 units, an increase of 1.1 times year-on-year; from January to May, the production and sales of new energy vehicles were 2,071,000 units and 2,003,000 units, an increase of 1.1 times year-on-year.

In terms of driving modes, from January to May, the production and sales of pure electric vehicles were 1.642 million and 1.586 million respectively, a year-on-year increase of 1 times; 1.9 times and 1.7 times; the production and sales of fuel cell vehicles completed 10,000 and 9,000 units respectively, an increase of 5.8 times and 3.5 times year-on-year respectively.