Singapore—China's vehicle sales are forecast to exceed 26 million units in 2021, up 4% from a year earlier, as vehicle consumption picks up in tandem with the country's economic recovery, with electric vehicle, or EV sales tipped to rise by 40% from a year earlier, the China Association of Automobile Manufacturers, or CAAM, said on Jan. 13.
Singapore—China's vehicle sales are forecast to exceed 26 million units in 2021, up 4% from a year earlier, as vehicle consumption picks up in tandem with the country's economic recovery, with electric vehicle, or EV sales tipped to rise by 40% from a year earlier, the China Association of Automobile Manufacturers, or CAAM, said on Jan. 13.
