Auto sales in China showed little growth in March compared to the same period last year, according to data released by the China Passenger Car Association (CPCA). Passenger vehicle sales stagnated at 1.61 million units, while sales for the first three months fell by 13.4% to 4.33 million. The figures for new energy vehicles (NEVs), including battery electric cars and hybrids, were much more promising, with a 21.
9% rise in sales for March and 34% of total sales for the month. BYD maintained a significant lead in the NEV…China Sees EV Sales Slumping To 8 Million In 2023
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