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China's NEV output, sales register significant increases

Xinhua | Updated: 2023-08-10 16:54

BYD's electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING / FOR CHINA DAILY]

BEIJING - China saw a significant increase in the production and sales of new energy vehicles (NEVs) in July, data from the China Association of Automobile Manufacturers showed on Thursday.

The production of NEVs jumped 30.6 percent year-on-year to 805,000 units last month, and sales rose 31.6 percent to 780,000 units.

NEVs occupied a market share of 32.7 percent in July.

During the first seven months, NEV output was 4.59 million units, up 40 percent year-on-year, while sales reached 4.53 million units, rising 41.7 percent from a year ago.

NEV exports skyrocketed 87 percent year-on-year to 101,000 units in July.

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