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Galaxy Securities Expects Retail Sales of New Energy Vehicles to Show Rapid Growth in May

iconMay 18, 2022 10:26
Source:SMM
SHANGHAI, May 18 (SMM) - Galaxy Securities said that with the easing of the pandemic and the resumption of normal operations in some areas, the retail sales of the passenger car market has improved to some extent.

SHANGHAI, May 18 (SMM) - Galaxy Securities said that with the easing of the pandemic and the resumption of normal operations in some areas, the retail sales of the passenger car market has improved to some extent. The pandemic has improved a lot, which will allow pent-up demand to be unleashed, thus NEV sales will gradually recover. In the face of high oil prices, more consumers will also be inclined to choose to buy new energy vehicles. It is expected that the retail sales of new energy vehicles will show rapid growth in May.

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