China EV exports slide to 13.2% in June

China’s exports of electric vehicles (EVs) continued to decline in June, falling 13.2 per cent to 86,000 vehicles, according to data released on Wednesday by China Association of Automobile Manufacturers (CAAM).

China’s EV exports have dropped for the third month in a row, indicating challenges in the global market. This may be linked to trade barriers from Europe.

On the other hand, domestic automobile shipments in China rose by 0.7 per cent in June compared to May.

Attribution: The Nikkei Asia