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13 Aug
16:02

Chinese NEV market remains buoyant in July

China’s new energy vehicle (NEV) market continued strong in July, despite the slight deceleration in the country’s traditional automotive industry, Kallanish reports. According to the latest data from the China Automotive Manufacturers Association (CAAM), the penetration rate of NEVs from January to July continues at around 10%. The country reached new records for both production and sales of the alternative fuel vehicles. Production of passenger ca…
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