"The overall Chinese market went back to positive numbers in July (+9% YoY), with plugins faring much better, growing 48% last month, to 95,000 units, a new year best, with BEVs in particular jumping 65%, to 75,000, while plugin hybrids grew a shy 5%, to 20,000. Expect the next months to see a confirmation of the growth trend, as July ‘19 was the first month with the current subsidy rules. July was the best selling month this year, and it shows, as July’s plugin share reached 5.7% (4.5% BEV), pulling slightly up the 2020 share, to 4.8% (3.8% BEV), which is still below from the 5.5% of 2019, but it is a step in the right direction and hopefully the second half of the year will bring the possibility to (at least) reach last year's score."
