Discounts launched to lure new plate holders

China Daily (Europe) | May 31, 2021 at 2:00 AM
  • Lottery announcement stirs up selling frenzy among carmakers as competition intensifies
  • With all these promotional events, the 60,000 license plate holders are expected to boost NEV sales in the short term and models with intelligent features and strong ranges will be promoted, according to Ma Lianhua, an auto journalist-turned industry observer in Beijing.
  • Sales of new energy vehicles in China rose nearly 250 percent year-on-year in the first four months of this year, according to data from the CAAM, and the outlook for the rest of the year remains positive.