Trade-In Boom: 1.1 Trillion Yuan in Sales!
China’s trade-in program hit 1.1 trillion yuan in sales in the first 5 months of 2025, marking a smart trend in consumer upgrades.
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BYD Outsells Tesla in Europe: EV Market Shaken Up
Chinese automaker BYD outsold Tesla in Europe in April, signaling a major shift in the EV market as competition intensifies.