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China’s Auto Market Speeds Up in First Two Months, New Energy Soars
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China’s Auto Market Speeds Up in First Two Months, New Energy Soars

China’s auto industry kicked off 2024 with positive momentum, recording an 11.1% year-on-year increase in total vehicle sales to nearly 4.03 million units in the first two months, according to data from the China Association of Automobile Manufacturers (CAAM). This growth was mirrored in production, with auto output climbing 8.1% year-on-year to 3.92 million units...