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NEVs post best-ever export growth in April, offsetting ICE decline

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China's new energy vehicle (NEV) exports just posted their best month by a long shot.
According to the China Passenger Car Association's latest data, in April, China exported:

Just over 234,000 gas-powered passenger vehicles, down over 22% y/y
Just under 189,000 passenger NEVs, up a whopping 64% y/...