26 Aug State of China’s Auto Market – August 2023
Comments from Bill Russo, Founder & CEO of Automobility Ltd. Year-over-Year Shipments Changes from January to July: NEV +41.7% ICE -1.6% Please Note: NEV = New Energy Vehicles (including Battery, Plug-in Hybrid and Fuel Cell Electric Vehicles) ICE = Pure Internal Combustion Engine Vehicles “Peak Car” was in 2017 - Globally and in China While...