China

Sales set to fall in January behind lunar holiday

Nio ET9
EV startup Nio launched sales of a new flagship sedan, the ET9, on Dec. 21, at a starting price of 788,000 yuan ($108,390). The Chinese new-car market is expected to grow again in 2025 behind extended incentives and EV demand. (NIO)
January 23, 2025 12:44 PM