China wholesales June 2022: Market bounces back up 23.8% thanks to lifted lockdowns, incentives
The ET7 helps NIO to a new monthly volume record in June. After diving -47.6% in April and -12.6% in May due to Covid lockdowns, the Chinese new wholesales market bounces back up 23.8% year-on-year in June to 2,502,000 units according to the China Association of Automobile Manufacturers (CAAM). This is due…