SHANGHAI—China’s auto sales rose 11.5% last month compared with the same period last year, as Beijing’s policies designed to drive purchases of electric vehicles looked to be having an effect. Figures from the government-backed China Association of Automobile Manufacturers show EV sales reached 81,904 in April, and 225,310 in the first four months of the year. Sales in the January-to-April period are up 149% compared with the same period in 2017, when such sales all but ceased for several weeks due to an interruption in China’s...
Source: Wall Street Journal May 11, 2018 09:22 UTC