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Chinese Auto Brands See Significant Sales Growth in May 2024

In May 2024, Chinese car brands sold 1.323 million units, up 20.4% year-on-year. Market share rose to 63.7%. From January to May, sales totaled 5.987 million units, a 25.2% increase.

This surge reflects a robust domestic market and growing global demand. The data underscores China's accelerating shift towards electric vehicles and sustainable automotive technology.

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