China has released an automotive industry growth stabilization plan aimed at achieving key economic development goals for the sector. In 2025, China targets annual vehicle sales of about 32.3 million units, representing a year-on-year increase of about 3 percent. China has announced official 2025 annual sales targets for the overall automotive industry and new energy-vehicles (NEVs) amid growth challenges facing …
Read More »China targets 15.5 million NEV sales in 2025 with 20% year-on-year growth
