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10 Jun
11:50

Chinese NEV market gets back on track in May

Thanks to the cooling of severe epidemic lockdown measures in most cities and the stimulus policies for production and sales, China's new energy vehicle (NEV) market returned to the right track in May and maintained rapid growth, Kallanish observes. Monthly production of passenger car NEVs soared 116.1% year-on-year to 466,000 units in May. Of that, 341,000 units were all-electric vehicles (BEVs) and 102,000 were plug-in hybrid electric vehicles (PHEVs). The f…
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