Industry dynamics

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show

Publishtime:2019/08/16 Views:12

China's BEV sales in July stood at 551,000 units, down 10 percent from June, while PHEV sales grew to a new record high of 438,000 units.

PHEV sales in July were a new record high at 438,000 units, up 80.7 percent year-on-year and up 0.46 percent from June.

Fuel cell vehicle sales were 1,000 units in July, up 181.2 percent from the same period of last year.

China's all vehicle sales in July were 2,262,000 units, down 5.2 percent year-on-year and down 11.4 percent from June.

This means that NEV penetration was 43.8 percent in July, up from 41.1 percent in June.

Excluding exports, domestic NEV sales in July were 887,000 units, up 30.7 percent year-on-year but 7.9 percent lower than in June.

In July, 469,000 vehicles were exported from China, up 19.6 percent year-on-year but 3.2 percent lower than in June.

Of these, NEV exports were 103,000 units, up 2.2 percent year-on-year and up 20.6 percent from June.

China exported 77,000 units of BEVs in July, down 16.7 percent year-on-year while up 20.9 percent from June.

PHEVs exported 27,000 units in July, up 190 percent year-on-year and up 19.9 percent from June.

China NEV retail rises to 878,000 in Jul, penetration exceeds 50% for 1st time