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11 Aug
14:56

China's NEV sales increase 31.6% y-o-y in July

Chinese new energy vehicles (NEVs) sales increased 31.6% on-year in July to 780,000 units and a market share of 32.7%, according to data from China Association of Automobile Manufacturers (CAAM). During January-July, the NEV sales totalled about 4.53 million units, up 41.7% from the same period last year. The cumulative market share of NEVs reached 29%, Kallanish understands. In July alone, domestic sales reached 679,000 units, an on-year increase of 26% and an o…
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