New Energy Vehicles to Account for Nearly One Third of China Passenger Car Retail Sales in April

The China Passenger Car Association (CPCA) predicts that China’s retail sales of passenger cars in narrow sense will be 1.57 million units in April, down 1.3% month-on-month, but up 49.8% year-on-year. However, the YoY growth is mainly driven by lower base in the same period last year.

BYD Overtakes Volkswagen as China's Best-Selling Car Brand