New energy vehicle (NEV) wholesale sales in China are estimated to have reached 1.24 million units in May this year, up 38.0 percent year on year, while increasing by 9.0 percent month on month, according to the China Passenger Car Association (CPCA).
In the January-May period this year, new energy vehicle wholesale sales in China are estimated to have totaled 5.22 million units, up 41.0 percent year on year.
