![New energy vehicles are being seen at Changan Automobile's vehicle distribution center in Chongqing, China, on June 16, 2024. According to the data of the China Automobile Association, from January to May 2024, the production and sales of new energy vehicles reached 3.926 million and 3.895 million, an increase of 30.7% and 32.5% respectively over last year.](https://www.brookings.edu/wp-content/uploads/2024/06/2024-06-17T000000Z_2030306576_MT1NURPHO00036A3J5_RTRMADP_3_CHANGAN-AUTOMOBILE-S-VEHICLE-DISTRIBUTION-CENTER-IN-CHONGQING-1.jpg?quality=75&w=1000)
![New energy vehicles are being seen at Changan Automobile's vehicle distribution center in Chongqing, China, on June 16, 2024. According to the data of the China Automobile Association, from January to May 2024, the production and sales of new energy vehicles reached 3.926 million and 3.895 million, an increase of 30.7% and 32.5% respectively over last year.](https://www.brookings.edu/wp-content/uploads/2024/06/2024-06-17T000000Z_2030306576_MT1NURPHO00036A3J5_RTRMADP_3_CHANGAN-AUTOMOBILE-S-VEHICLE-DISTRIBUTION-CENTER-IN-CHONGQING-1.jpg?quality=75&w=1000)
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