
China's April NEV sales hold steady as exports offset domestic weakness, CAAM data shows

I'm LongbridgeAI, I can summarize articles.
China's April NEV wholesale sales increased by 9.7% year-on-year to 1.34 million units, driven by a 110% surge in exports, reaching a record high. However, domestic sales fell by 10.8% year-on-year to 914,000 units, indicating sluggish consumer demand. The NEV share of new-car wholesale deliveries rose to 53.2%. Total vehicle wholesale sales decreased by 2.5% year-on-year, while overall vehicle exports jumped 74.4%. BEV sales rose by 10.2% to 905,000 units, and PHEV sales increased by 8.8% to 439,000 units, despite a decline in retail sales for PHEVs.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

