China’s new energy vehicle output, sales take sharp hit in April on pandemic

China’s new energy vehicle production and sales both fell sharply in April, posting double-digit declines as the country’s automotive industry took a blow from COVID-19 lockdowns . China’s NEV production in April fell 33% month on month to 312,000 units, while sales in the same month fell 38.3% to 299,000 units, China Association of Automobile Manufacturers said May 11. Several…