China’s car sales fell 22 percent in April after EV demand wasn’t strong enough to counter the slump in ICE demand due to the roll-back of trade-in subsidies and the return of a purchasing tax on EVs.
China’s car sales fell 22 percent in April after EV demand wasn’t strong enough to counter the slump in ICE demand due to the roll-back of trade-in subsidies and the return of a purchasing tax on EVs.
