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09 Sep
06:42

China's NEV sales exceed expectations in August

Chinese new energy passenger car sales exceeded expectation in August, with volumes more than doubling year-on-year, Kallanish reports. Latest data released by China Passenger Car Association (CPCA) shows that retail sales of NEVs reached 529,000 units last month – an increase of 111.2% on-year and 8.85% on-month. Wholesale volumes were up 103.9% on-year and 12% on-month at 632,000 units. From January to August, NEV retail sales soared 119.4% y-o-y to …
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