Published on: 2026-08-12
Source: People’s Republic of China — Translation
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Beijing, August 12 /Xinhua/ — According to industry data released on Wednesday, in July the share of NEV vehicle sales in the total volume of new vehicle sales in China exceeded 60 percent for the first time, while the cumulative share for the first seven months also exceeded 50 percent for the first time.
In July, the volume of production and sales of NEV vehicles in China amounted to more than 1.57 million and 1.56 million units respectively, which is 26.8% and 23.7% higher compared to the same period last year, according to data from the China Association of Automobile Manufacturers (CAAM). -0-
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