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CAAM: CN Jul Auto, NEV Sales Up 14.7%, 27.4% YoY
In July, the automobile production and sales of China numbered 2.591 million and 2.593 million units respectively, representing an MoM shrinkage of 7.3% and 10.7%, but a YoY increm...
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CAAM: CN Jul Auto, NEV Sales Up 14.7%, 27.4% YoY
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In July, the automobile production and sales of China numbered 2.591 million and 2.593 million units respectively, representing an MoM shrinkage of 7.3% and 10.7%, but a YoY increment of 13.3% and 14.7%, the China Association of Automobile Manufacturers (CAAM) data showed.

In 7M25, the automobile production and sales amounted to 18.235 million and 18.269 million units, marking a YoY growth of 12.7% and 12%, with the growth rate expanding by 0.2 and 0.6 ppts respectively compared to 1H25.

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In July, the new energy vehicle (NEV) production and sales reached 1.243 million and 1.262 million units, reflecting a YoY hike of 26.3% and 27.4%, data also showed. The NEV sales accounted for 48.7% of total new car sales.

In 7M25, the NEV production and sales hit 8.232 million and 8.22 million units, with YoY rise of 39.2% and 38.5%, accounting for 45% of total new car sales.

Additionally, the automobile exports from China in July were 575,000 units, a MoM decrease of 2.8% but a YoY increase of 22.6%.

Related NewsHSBC Research: GEELY AUTO Premium Brand, Exports Resilient; Rating Buy Kept
In 7M25, the automobile exports totaled 3.68 million units, a YoY upswing of 12.8%.

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