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China’s wholesale & retail sales of new energy vehicles rise in Jul

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Update time : 2023-08-10 16:17:08
According to the China Passenger Car Association, China’s wholesale sales volume of new energy passenger vehicles reached 737,000 units in July, falling 3% compared to the previous month and growing by 31% from the same month a year ago.

In the first seven months of this year, the cumulative wholesale sales volume amounted to around 4.28 million tons, a year-on-year increase of 41%.

In terms of retail sales, the volume reached 641,000 units in July, a month-on-month fall of 3.6% and a year-on-year growth of 32%. The retail sales in the first seven months of the year totaled around 3.73 million units, a year-on-year increase of 36%.
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