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🇨🇳 #CHINA JUNE PRELIM RETAIL CAR SALES RISE 9% M/M: PCA - BBG *CHINA JUNE PRELIM RETAIL CAR SALES FALL 21% Y/Y: PCA #China #RetailSales #CarSales #CN

R
Reuters May 8

Amid rising gas prices driven by the Iran war, U.S. hybrid vehicle sales surged by 37% over two months, significantly outpacing the overall car market's 15% growth, while fully electric vehicle sales only increased by 11%, suggesting that American consumers are more inclined to choose hybrids due to their affordability and familiarity compared to EVs. #HybridVehicles #FuelEconomy #CarSales #US #IR #GB #DE

US hybrid-car sales soar, along with gas prices