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CPCA Secretary General Says NEV Sales Have Reached Bottleneck, Especially after Removal of NEV Subsidies
Jan 19, 2023 13:14CST
Source:财联社
Cui Dongshu, Secretary General of the China Passenger Car Association (CPCA), said that the growth of new energy vehicle sales has reached a bottleneck.

Cui Dongshu, Secretary General of the China Passenger Car Association (CPCA), said that the growth of new energy vehicle sales has reached a bottleneck. After the removal of NEV subsidies at the end of 2022, sales growth will be a tough issue in 2023. Recent price cuts by Tesla and other EV makers triggered wait-and-see sentiment among consumers. 

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