China car ownership reaches 270 million units in first half of 2020

On July 14, the Ministry of Public Security of the People’s Republic of China (MPS) announced that as of June 2020, the ownership of motor vehicles in China reached 360 million units including 270 million cars, which accounted for 75% of the total. The ownership of new energy vehicles was 4.17 million units, an incre....

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