So While car sales are declining Year on Year in China - the EV production and sales are powering ahead...
https://www.marklines.com/en/statistics/flash_sales/salesfig_china_2018
For new energy vehicles (NEVs), production reached 146,000 units, up 58.1% y/y. Sales totalled 138,000 units, up 51.0% y/y. Among NEVs, EV production reached 116,000 units, up 49.7% y/y, while EV sales reached 111,000 units, up 44.7% y/y. Plug-in hybrid vehicle (PHV) production totalled 29,000 units for a y/y increase of 104.0%, while sales totalled 27,000 units for a y/y increase of 84.6%.
Sales of EV including Hybrid totalled 138,000 for the month of November 2018 up 51% compared to November 2017.
SK60
So While car sales are declining Year on Year in China - the EV...
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