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China’s EV sales recovery picks up pace in May, helped by promotions
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TechNode
Major Chinese automakers reported higher electric vehicle sales for May than in April, boosted by new government subsidies and the continued use of discounts to lure cost-conscious shoppers.
NIO said on June 1 that it surpassed the 20,000 vehicle sales limit last month for the second time since its inception, with its delivery numbers up 31.5% from April.
said on June 1 that it surpassed the 20,000 vehicle sales limit last month for the second time since its inception, with its delivery numbers up 31.5% from April.
Sales at its parent company also picked up momentum to 58,673 units over the month.
Sales at its parent company also picked up momentum to 58,673 units over the month.
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