Interesting report on China auto industry
https://news.metal.com/newscontent/102618081/china%E2%80%99sautosalessurge479yoyinjanuary2024
Of particular interest is the year on year increase in EV production/sales
”China’s NEV production and sales in January reached 787,000 units and 729,000 units respectively, experiencing month-on-month falls of 32.9% and 38.8%, yet achieving significant year-on-year leap of 85.3% and 78.8%. Sales of NEVs accounted for 29.9% of the total figure in the past month. ”
Interesting report on China auto...
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