Domestic sales of electric two-wheelers in China plunged 37.9% year on year to 2.99 million units in February, as holiday disruptions and a rocky transition to stricter national safety standards weighed heavily on consumer demand.
The sharp contraction reflects the growing pains of an industry forced to overhaul its supply chains and product designs to comply with new regulations aimed at reducing fire risks, leaving price-sensitive buyers hesitant amid rising costs and temporarily awkward vehicle features.
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