10 August 2022

N I O Inc.

China Car Sales Keep Rebounding as Production Revs Up (2)
Aug. 8, 2022 at 10:16 p.m. ET By Raffaele Huang SINGAPORE--Car sales in the world's biggest auto market continued to recover in July as production was ramped up following earlier disruptions caused by Covid-19 lockdowns and Chinese authorities offered incentives to boost consumption. Last month, China's retail sales of passenger cars rose 20.4% from a year earlier to 1.81 million vehicles, the China Passenger Car Association said Tuesday.
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