NEVs account for more than 50% of domestic auto sales in April
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New energy vehicles (NEVs) continued to drive China's auto market growth in April.
Per the China Passenger Car Association's latest data, domestic auto retail sales reached 1.755 million total passenger vehicles in April, up 14.5% y/y.
NEV sales hit 905,000, up 34.3% y/y
Gas-powered vehicle sales r...