Logo 05 Aug 2024

NEV wholesales hold steady as brand disparities intensify

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China's new energy vehicle (NEV) wholesale growth held steady in July.
According to preliminary CPCA data released August 2, wholesale NEV sales rose 29% y/y to 950,000 units in July, similar to June's 28% y/y growth rate.

ICYDK: Wholesale refers to the sale of NEVs to distributors or dealerships r...