China Jan NEV retail sales down 20% year-on-year, 1st drop in 2 years
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
China's new energy vehicle (NEV) retail sales have experienced a decline, with a reported 20% year-on-year drop in January. The decline may be part of a larger trend, as other periods have also seen decreases in NEV sales, including in June and possibly extending to other months. The extent and timing of the decline vary across reports, with different outlets citing different percentages and timeframes for the decrease in NEV sales.
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