AUTO SALES IN CHINA ROSE 36.6 PERCENT IN JAN-MARCH PERIOD

Highlights –

• Auto sales in China rose 36.6 percent in the Jan-March period.
• Sales of passenger vehicles increased 38.1 percent year on year.
• Auto sales totaled 2.13 million units in May alone.
• NEV is expected to represent 20 percent of the sales of new vehicles by 2025.

China Association of Automobile Manufacturers (CAAM) reported the country’s au....