Passenger car sales in China reached 1.595 million units in July, CAAM said, of which 853,000 units were NEVs. In July 2023, passenger car sales amounted to 1.775 million units, with 780,000 NEV units.
From January to July of 2024, China’s production of NEVs reached 5.914 million units, an 28.8% increase from the 4.591 million units produced over the same period last year, while sales amounted to 5.934 million units, up by 31.1% year on year from 4.526 million units in the first seven months of 2023.
With retail sales of 311,800 units in July, BYD remained the leading…
