China's car exports surge 73% in May on EV demand
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
China's car exports increased significantly in May, with a reported surge of 73% driven by demand for electric vehicles. The growth in exports may be contrasted with a reported drop in sales at home, while some outlets suggest that exports continued to rise in June, with passenger car exports up 80%. The demand for electric vehicles appears to be driven by factors such as high fuel prices and may be contributing to a shift in the market, with China's EV market share reaching a reported all-time high.
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