Battery-electric vehicle sales weakened noticeably during April as China’s nascent market recovery stalled unexpectedly. April deliveries totaled 580,303 units, representing a 4.4% decline from the previous year’s performance levels. While the month ranked as the strongest result of 2026 so far, the cumulative picture through four months painted an increasingly grim trajectory for manufacturers nationwide.
For firms like Ferrari N.V. (NYSE: RACE) that are just entering the EV market, the sales data coming from China could offer some lessons that they can borrow as they plan how to dominate the market…
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