June 09, 2026
New battery-electric vehicle (BEV) registrations, a proxy for sales, rose 29.4% from a year ago to almost 560,000 in the quarter
The starting prices of $39,990 and $36,990 may be too high to attract a new class of buyers, analysts say
The boom in electric truck sales in China follows that of electric cars and the rise in recent years of LNG-powered heavy trucks