The Passenger Vehicle Association: The estimated wholesale volume of new energy passenger vehicles from domestic car manufacturers in July reached 1.47 million units, a year-on-year increase of 23%.

According to a news report from the China Passenger Car Association's WeChat account on August 4, the estimated wholesale volume of domestic automakers' new energy passenger vehicles in July reached 1.47 million units, a year-on-year increase of 23% and a month-on-month decrease of 1%. This marks the highest growth rate for July in 2026 compared to the same month last year, and the month-on-month decline is better than the seasonal index, indicating that the recovery trend of the domestic new energy vehicle sector is beginning to emerge.