New-car sales in China dip for 4th straight month but EVs, hybrids make up half for July

New-car sales in China drop for 4th month πŸš—β¬‡οΈ but EVs, hybrids on the rise, now half of July sales according to China Automobile Dealers Association. #ChinaAuto #EVs #Hybrids

Demand for new passenger vehicles in China has contracted for the fourth consecutive month in July, as weakened demand for fuel-powered vehicles more than offset the sales increase of electrified vehicles, according to the China Automobile Dealers Association.

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https://www.autonews.com/china/china-auto-market-hits-milestone-evs-hybrids-make-half-july-sales