Key Allies China analysis on NEV market in July 2021
NEV (New Energy Vehicles) monthly sales data and market analysis
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.
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.