China’s new-energy vehicle (NEV) sales in July accounted for more than 60 percent of the monthly new car sales for the first time, while the cumulative share for the first seven months also surpassed 50 percent, industry data showed on Wednesday.
In July alone, NEV output and sales reached over 1.57 million and 1.56 million units, up 26.8 percent and 23.7 percent year on year, according to data from the China Association of Automobile Manufacturers.
