China NEV retail at 537,000 in Jul 1-20, up 23% year-on-year
The penetration rate of NEVs in retail sales was 54.9 percent in July 1-20, and 50.56 percent year-to-date. So far this year, China’s passenger NEV cumulative retail sales totaled 6.006 million units, up 32 percent year-on-year. (A Geely Xingyuan EV displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost) China’s new…
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