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South China Morning Post
South China Morning Post
AsiaPac · 37 mins ago
China’s EV deliveries remain stuck in downward spiral, exacerbating industry worries
China’s electric vehicle (EV) deliveries in June failed to match their year-on-year numbers for the sixth month in a row, even as carmakers offered promotions to attract budget-conscious consumers, exacerbating worries about Chinese EV firms’ profitability. A total of 1.04 million pure electric and plug-in hybrid cars were handed to customers in mainland China last month, down 7 per cent from the same period in 2025, preliminary data from the China Passenger Car Association showed. During the...
South China Morning Post
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