Geely Automobile Holdings, a China automaker controlled by billionaire Li Shufu, said on Thursday sales rebounded by 26% in June from a year earlier after the Covid lockdowns disrupted earlier this year.

Led by gains in electric vehicle models, sales increased to 126,595 from 100,163 a year earlier.

EVs Help China’s Geely Auto Rebound In June; Stock Gains 6.7% In Hong Kong comes via ChinaTechNews.com.