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Story summary
- China’s car exports rose 73% in May to 809,000 vehicles, aided by fuel-price increases from the Iran war.
- May NEV exports hit 435,000 units, more than double last year, with BYD shipping over 160,000 abroad, up 80%.
- Domestic gasoline-engine sales fell to 497,000 in May, down 41.8% year-on-year and 3.5% from April.
- NEV sales rose to 1.049 million in May, up 14.8% from April but 8.1% below a year earlier.
