Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Chinese auto manufacturer Anhui Jianghuai Automobile Group Corp Ltd’s (JAC) total vehicle production in January 2021 stood at 57,100 units, registering a growth of 51.67pc from the same month in 2020, according to local media reports citing data released by the company.

 

Sales

The company’s vehicle sales in January also grew by 54.62pc to 57,700 units from the same month in the previous year.

Of total car sales, JAC’s sold 8,199 units of electrical vehicles (EVs) in January 2021, registering a significant growth of 277.83pc as compared to the same month the preceding year.

 

China is also affected by the global shortage of semiconductor chips used in vehicles. However, JAC recorded a growth in output and sales due to the EV boom across the world. 

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