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China’s NEV Output, Sales Report Steady Growth in May
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Car sales in May 2026 revealed new facts, from brands that have not recovered to the dominance of Chinese cars and fierce competition between players.
China’s NEV Output, Sales Report Steady Growth in May
Beijing - China's new energy vehicle (NEV) output and sales posted double-digit year-on-year growth in May, industry data showed on Wednesday. NEV output rose 22.4 percent year on year to 1.554 million units, while sales increased 14.4 percent to 1.496 million units, according to the China Association of Automobile Manufacturers (CAAM). NEVs accounted for 56.9 percent of total new car sales in May, further climbing from the previous month. Overa…
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