CAAM: In July, the production and sales of new energy vehicles increased by 26.3% and 27.4% year-on-year, respectively.

According to data from the China Association of Automobile Manufacturers, in July 2025, the production and sales of passenger cars reached 2.293 million and 2.287 million respectively, a decrease of 6% and 9.8% compared to the previous month, and an increase of 13% and 14.7% year-on-year. From January to July 2025, the production and sales of passenger cars reached 15.838 million and 15.841 million respectively, an increase of 13.8% and 13.4% year-on-year. In July 2025, the production and sales of new energy vehicles reached 1.243 million and 1.262 million respectively, an increase of 26.3% and 27.4% year-on-year. From January to July 2025, the production and sales of new energy vehicles reached 8.232 million and 8.220 million respectively, an increase of 39.2% and 38.5% year-on-year.