EconomyAutomotive
China's NEV Sales Cross Two Historic Milestones in July
China's new energy vehicles hit record 60.4% monthly and 51.2% cumulative sales share in July, marking a historic shift to electric dominance.
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China's new energy vehicles hit record 60.4% monthly and 51.2% cumulative sales share in July, marking a historic shift to electric dominance.
China's NEV heavy truck sales hit ~140k units in H1 2026, up 78.6% YoY, driven by 220B yuan in subsidies and rapid infrastructure buildout.
China commits 22 billion yuan in treasury bonds to scrap old trucks and subsidize new energy heavy vehicle purchases in its green freight push.