This photo taken on May 27, 2023 shows a new energy vehicle displayed at the exhibition area of Zhongguancun Forum in Beijing, capital of China. (PHOTO / XINHUA)
BEIJING - Retail sales of new energy vehicles in China jumped 31.9 percent year-on-year in July, data from the China Passenger Car Association showed on Tuesday.
A total of 641,000 NEVs were sold in China last month, according to the CPCA. However, the figure represented a month-on-month decline of 3.6 percent.
China's new energy vehicle market continued to see substantial expansion as the total retail sales of NEVs rose 36.3 percent year-on-year to 3.73 million units since the beginning of the year, data showed.
READ MORE: China NEV sales for June expected to hit historic high
Data indicates that retail sales of passenger vehicles reached 1.78 million units in July, marking the second-highest level in history.