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China’s EV makers post stellar sales before incentives are phased out next year




At least three Chinese electric vehicle (EV) assemblers rewrote their monthly sales records in November, as consumers rushed to dealers before tax breaks and cash subsidies are phased out from January 1.
Analysts and dealers, however, expect a sharp fall in deliveries at the beginning of the new year as buying interest dries up.
Stellantis-backed Leapmotor, one of the fastest-selling EV makers this year, delivered 70,327 vehicles in November, hitting an all-time high for the seventh consecutive…



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