China EV Sales May 2024: Leapmotor Hits Record High, Nio Surges, and Market Rankings Shift

LONDON, June 3, 2024 — China’s electric vehicle (EV) market is entering a phase of dramatic realignment, with new energy brands like Zero Motor, NIO, and Geely’s Zeekr (formerly Volvo Cars China) delivering record sales in May 2024. While Zero Motor’s deliveries surged past 80,000 units—a first for a Chinese EV startup—NIO’s total deliveries approached … Read more