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clock Created with Sketch. 14/05/23
16:55
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Originally posted by Acgm:
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I anticipate China NEV sales could be down a bit in May and June from historical seasonal figures due to manufacturers offering cut price deals to get rid of their remaining stock of ICE cars of older standards which after 1 June will not be permitted to be sold (they’ll take almost anything they can get for them to sell rather than have to scrap them). Then NEV sales will rocket north again from July for second half of year.
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I understand that a few weeks ago the Chinese Government changed the date of the new emission standards to 1 July 2024.
(20min delay)