Lead Story
Aug 12, 2026
China NEV Sales Rose 23.7% in July, Exports Surge 1.5x, CAAM Says
China's new energy vehicle sales hit 1.561 million units in July, up 23.7% year-on-year, with NEVs accounting for 60.4% of all new car sales—the first time above 60%. Exports jumped 1.5 times to 553,000 units, driving strong growth despite weaker domestic demand.
Priya Sharma