11 Mar State of China’s Auto Market – February 2024
Structural Overcapacity Drives Focus on Exports and Price Discounts Comments from Bill Russo, Founder & CEO of Automobility Ltd. Vehicle shipments in January reached 2.4 million units, a 47.9 percent increase from the previous January, with NEV shipments up 78.8% and ICE shipments up 40.1%. It is important to note that...