Growth in China’s NEV output slows in May, but up 17% year on year
Published: Wednesday, 12 June 2019
China’s output and sales of new energy vehicles (NEVs) showed sluggish growth in May 2019 compared with previous four months, while lithium prices weakened because of quiet buying activity.
China produced 112,000 new energy vehicles (NEVs) in May
2019, including pure electric vehicles (PEVs) and plug-in
hybrids. This volume was up by 16.9% from May 2018, according
to the latest data released by the China Association of
Automobile Manufacturers (CAAM).
Of the total output, 94,000 were PEVs,...