Yang Jing, director of enterprise research in the Asia-Pacific region of Fitch Ratings, said that the Chinese auto market recovered from the downturn in the first quarter of this year, and sales picked up in the second quarter.
A BYD Seagull is displayed at the 20th Shanghai International Automobile Industry Exhibition in Shanghai, east China, April 18, 2023.The country s measures to promote NEVs in rural areas as well as cheaper new battery materials may help small and mini electric vehicles regain growth, Yang added.
BEIJING, May 21 (Xinhua) New-energy vehicles (NEVs) will continue to be the main growth driver for China auto market in 2023, according to Fitch Ratings. The
Chinese classical music resonates in ancient Swiss city--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.