China Auto

Retail sales of BEVs in June totaled 493,000 units, accounting for 57.6 percent of all NEV retail sales.

China's Vehicle Inventory Alert (VIA) Index stood at 62.3 percent in June, implying that the automotive industry continues to be in contractionary territory.

That's 17.24 percent lower year-on-year and 15.29 percent lower than in April, implying that dealers' inventory pressure eased.

China's passenger NEV output in May was 881,000 units, up 31.89 percent year-on-year and up 9.85 percent from April.

BEVs sold 495,000 units at retail in May, accounting for 61.6 percent of all NEV retail sales.

China's Vehicle Inventory Alert (VIA) Index stood at 58.2 percent in May, implying that the automotive industry continues to be in contractionary territory.

That was up 12.6 percent year-on-year and up 9.0 percent from March, signaling rising dealer inventory pressure.

China's passenger NEV production in April was 802,000 units, up 33.67 percent year-on-year and 1.78 percent from March.

BEVs accounted for 60.1 percent of all NEV retail sales in April with 405,000 units sold.

China's Vehicle Inventory Alert (VIA) Index stood at 59.4 percent in April, implying that the automotive industry continues to be in contractionary territory.