China’s passenger NEV wholesale sales are estimated at 1.12 million units in
March, flat year on year but up 55% from February, the Passenger Car Association
said.
Carmakers with monthly NEV sales above 10,000 units accounted for 93% of
February volumes, with their March sales reaching 990,000 units. A rebound from
the Lunar New Year-driven slowdown in February supported the monthly increase.
