China’s New Energy Vehicle Market Surpasses Conventional Fuel Vehicles in April 2024.

In a groundbreaking development, the retail volume of Chinese domestic new energy vehicles (NEVs) soared past 260,000 units in the first half of April. This remarkable surge marks a substantial 32% year-on-year increase, as reported by the China Passenger Car Association (CPCA). More significantly, it signifies a historic moment as NEVs outpaced conventional fuel vehicles…

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