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Holiday travel rush lifts gasoline, but EVs keep long-term demand in check

Source: Mysteel Mar 11, 2026 14:35
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Gasoline NEV & Battery Demand Supply
China's automotive market saw steady overall operations in January 2026, though sales figures softened. The downturn was driven by three key factors, including the phase-out of the revised electric vehicle (EV) purchase tax policy, a transitional gap in local subsidy programs, and a pull-forward of demand late last year.   In

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