Â
>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
Â
Â
China's wholesale sales of NEVs are expected to reach 1.5 million units in the first quarter of 2023 and are on track to reach 9 million units for the year, leading to a penetration rate of 39%, CICC analysts said in a note, adding that the NEV market will start rebounding in the next two months after seasonal factors subside.
January sales was a low point as China's purchase subsidies for NEVs expired at the end of last year, allowing some consumers to bring . . .
Sign In or Subscribe To Get Full Access.
Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.
Follow China Market In The Most Efficient Way!Â
We offer limited-time welcome discount to let more people experience the value of our exceptional services. Don't Miss Out - Grab it!
Sign Up For Free Weekly China Market Highlights HERE!Â