Key Allies China analysis on NEV market in July 2021

NEV (New Energy Vehicles) monthly sales data and market analysis

2021/08/27

NEV (New Energy Vehicle) Industry Analysis

 This report is based on the “New Energy Vehicle (NEV) (electric vehicles [EVs], plug-in hybrid vehicles [PHVs], and fuel cell vehicles [FCVs]) Industry Research Report” prepared by the Chinese consulting firm Key Allies; the report was edited and translated by MarkLines.

Related reports:

Key Allies China analysis on NEV market in June 2021(July 2021)
Key Allies China analysis on NEV market in May 2021(June 2021)
Key Allies China analysis on NEV market in April 2021(May 2021)

 

Table 1) NEV sales volume (thousand units) Table 2) NEV sales share by vehicle type
Table 3) NEV monthly sales volume (thousand units)

Source: China Association of Automobile Manufacturers (CAAM)

 

  According to statistics from the China Association of Automobile Manufacturers (CAAM), sales of new energy vehicles (NEVs) in July 2021 increased by 176.4% y/y and 6.0% m/m to 269,000 units.

  Sales in the January-July period totaled 1,468,000 units. This reflects an increase of 198.0% over the same period last year.

  By vehicle type, the percentage of new energy passenger cars continues to expand, reaching 95.2% of the total.