Month: April 2024
China EV Exports Reach New Records
In March, China’s exports of passenger cars reached a record-breaking 406,000 units, up 39% YoY. Of those, almost 120,000 were new-energy vehicles (NEVs), which equates [more…]
China GDP Growth 5.3% in Q1, Beats Estimates
China’s economy exceeded forecasts in the first quarter, with a 5.3% annual growth in GDP, fueled by robust exports and manufacturing investment. Reduced domestic demand [more…]