https://www.iea.org/reports/global-ev-outlook-2024/trends-in-electric-carsEVs, Hybrids Set to Exceed 50% of China Car Sales for First Time
- This marks the first month the milestone has been achieved
- Auto market saw cooling off with July car sales falling 2%
Customers at the Zhejiang Leapmotor Technology Co. showroom in Hangzhou, China.Photographer: Qilai Shen/Bloomberg
Electric vehicles and plug-in hybrids likely surpassed 50% of all vehicles sales in China for the first time, marking a milestone in the country’s auto market even as the overall number of cars sold fell.
Sales of electric and plug-in hybrid vehicles, which are counted under the category of new-energy vehicles in China, rose to 879,000 units, making up 50.8% of total sales in July. Overall new-vehicle sales dropped 2% to 1.73 million in July, according to preliminary figures
released Wednesday by the China Passenger Car Association.
Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-36786
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