Report
China’s electric two-wheeler sales rose 9% in the third quarter, but certification suspensions cloud recovery
Caixin Global reports nine-month sales fell 4.8%, with last year’s trade-in program weighing on demand.
TLDR
Caixin Global reports China’s electric two-wheeler sales rose 9% in the third quarter, though sales fell 4.8% over the first nine months. It says last year’s trade-in program weighed on demand, while certification suspensions affecting many e-bike models now cloud the recovery.
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