Today’s news:
NEV sales official forecast for May 2023:
China Association of Automobile Manufacturers: In May, the narrow definition of retail sales of passenger vehicles is expected to reach 1.73 million units, an increase of 6.6% compared to the previous month and a year-on-year growth of 27.7%. Among them, the retail sales of new energy vehicles are expected to reach 580,000 units, an increase of 10.5% compared to the previous month and a year-on-year growth of 60.9%, with a penetration rate of 33.5%.
Offtake pricing, page-57
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