China sold 1.855 million vehicles domestically(-15.4% m/m, +4.1% y/y) and exported 0.54 million vehicles(+0/4% m/m, +34% y/y) in April. Jan-Apr sold 7.252 mln units domestically(+5.6% y/y), exported 1.827 mln units(+33.4% y/y). China sold 0.736 million NEVs domestically(-2.9% m/m, +37.3% y/y) and exported 0.114 million vehicles(-8.6% m/m, +13.3% y/y) in April. Jan-Apr sold 2.52 mln units domestically(+34.4% y/y), exported 0.421 mln units(+20.8% y/y). $小鹏汽车(XPEV.US)$$小鹏汽车-W(09868.HK)$$蔚来(NIO.SG)$$蔚来-SW(09866.HK)$$蔚来(NIO.US)$$特斯拉(TSLA.US)$$比亚迪(002594.SZ)$$比亚迪股份(01211.HK)$
Joejj :
This is a joke. because once China if decided on reciprocating tariff on US cars. The Chinese EV will boom because of lesser competitor and bigger market shares.
bullrider_21Mr Careful:
Both are using trade wars with China. Each one is trying to trump the other with China tariffs. Trump with his MAGA policy, also imposes tariffs on allies and may alienate them. Whereas, Biden is trying to work with US allies.