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. There’s also the government scrappage scheme, which provides consumers who replace their gas cars with NEVs with 20,000 yuan ($2,540).
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