China Auto

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.

That's down 12.4 percent year-on-year and down 10.3 percent from February, signaling a drop in dealer inventory pressure.

China's March production of passenger NEVs increased by 25.2 percent year-on-year to 788,000 units, up 84.9 percent from February.

BEVs sold 428,000 units at retail in March, accounting for 60.4 percent of all NEV retail sales.