Passenger Association: In July, the sales volume of new energy vehicles accounted for 53.0% of the total passenger vehicle sales, an increase of 1.1% month-on-month and an increase of 4.3% year-on-year.

According to the Wise Finance APP, on September 4, the China Passenger Car Association released the July 2025 New Energy Vehicle Industry Monthly Report. In July, the sales volume of passenger cars was 1.843 million units, an increase of 1.5% year-on-year and a decrease of 13.9% month-on-month; the sales volume of new energy vehicles was approximately 976,000 units, an increase of 10.5% year-on-year and a decrease of 12.1% month-on-month, slightly outperforming the overall market. In July, the sales volume of new energy vehicles accounted for 53.0% of the total passenger car sales volume, an increase of 1.1% from the previous month, and an increase of 4.3% compared to the same period last year.