According to the China Passenger Car Association, China’s retail sales of new energy passenger vehicles reached 486,000 units in July this year, falling by 8.5% compared to the previous month while surging by 117.3% from the same month a year ago.

In the first seven months of this year, China’s domestic retail sales of new energy passenger vehicles amounted to 2.733 million units, a year-on-year increase of 121.5%.