EVs and PHEVs outsell gas cars in China for the first time
Baua Electric
AUGUST 8, 2024
BYD Yuan Up electric SUV (Source: BYD) EVs and PHEVs made up a record half of car sales in China in July, the first time this milestone was achieved in the world’s largest auto market. Sales of EVs and PHEVs – what China calls new energy vehicles (NEVs) – jumped 37% year-over-year in July, achieving a record 50.7%
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