China Car Sales Grow in September, Led by Holiday Shopping and EV Demand
- Car sales in China rose 4.7% in September vs a year ago, boosted by holiday shopping
- New energy vehicle (NEV) sales up 22.1% in September, making up 36.6% of sales
- Overall sales up 2.1% in first 9 months of 2022 to 15.41 million units
- Exports grew 50% in September following 31% gain in August
- Tesla's market share in China's EV market shrank in Q3 amid production disruptions
![](https://static.toiimg.com/thumb/msid-104331530,width-1070,height-580,imgsize-1558873,resizemode-75,overlay-toi_sw,pt-32,y_pad-40/photo.jpg)