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China Feb NEV sales drop 32% as broader auto market weakens, CPCA data shows

CnEVPost

Exports of passenger NEVs from China surged 124.7% to 269,000 units, providing a strong bright spot for Chinese automakers.
Retail sales of PHEVs dropped 31.0% year-on-year, marking the eighth consecutive month of year-on-year decline for the category.

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