Sales of electric autos slide by 32.8pc in seven months

China | 11 Aug 2020 5:02 pm

Sales of new-energy vehicles in China posted robust growth in July, industry data showed.

A total of 98,000 NEVs were sold last month, up by 19.3 percent year on year, according to the China Association of Automobile Manufacturers (CAAM).

In the first seven months, 486,000 NEVs were sold, down 32.8 percent on-year.

Data also showed that China's auto market maintained its recovery momentum last month.

Total output reached 2.2 million in July, up 21.9 percent, on year, while sales hit 2.1 million, up by 16.4 percent on-year.

China's auto market, which was devasted by the mainland's coronavirus pandemic, started to recover in April, with sales rising by 4.4 percent on year. This ended a contraction over the past 21 months, according to the CAAM. 

 



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