China NEV sales forecast for October down 10% MoM as economic picture remains obscure

The China Passenger Car Association (CPCA), on October 24, released its sales expectations for the month of October. The release indicates that 550,000 new energy vehicles (NEV) are expected to be sol...

China’s new energy vehicle (NEV) sales set new record up nearly 90% YoY

China’s wholesale of new energy passenger vehicles (NEV) continued its growth trajectory in September despite the country facing potential systemic economic risks.  Namely, China Passenger Car Associa...