China’s retail sales of NEVs rose 7 percent year-on-year to 267,000 units from July 1 to July 16, down 3 percent from the same period last month.

China’s retail sales of new energy vehicles (NEVs) stood at 267,000 units from July 1 to July 16, up 7 percent year-on-year and down 3 percent from the same period last month, data released by the China Passenger Car Association (CPCA) on July 19 showed.

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