BUSINESSJun 1 · 13:09 UTCSCMP WORLDDaniel Ren

Chinese EV makers recover in May but competition remains fierce amid overcapacity woes

Sales of electric vehicles (EVs) in China recovered in May as new models with advanced technology attracted buyers. Zeekr and Leapmotor, supported by Geely Auto and Stellantis respectively, set delivery records, driven by local government subsidies boosting consumer demand.

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ZeekrorganizationLeapmotororganizationGeely AutoorganizationStellantisorganizationlocal governmentorganizationelectric vehiclestopiccompetitiontopicovercapacitytopic

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