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China Auto Market Hits Milestone With EVs, Hybrids Making Up Half of July Car Sales

August 08, 2024, 04.49 PM | Source: Reuters
China Auto Market Hits Milestone With EVs, Hybrids Making Up Half of July Car Sales

ILUSTRASI. Half of all vehicles sold in China in July were either new pure electric vehicles or plug-in hybrids, industry data showed.

AUTOMOTIVE - BEIJING. Half of all vehicles sold in China in July were either new pure electric vehicles or plug-in hybrids, industry data showed, a milestone that underscores how far the world's biggest auto market has leapt ahead of Western counterparts in EV adoption.

Sales of so-called new energy vehicles (NEVs) jumped 37% last month from the same period a year earlier, accounting for a record 50.7% of car sales, data from the China Passenger Car Association showed.

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