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Chinese Auto NEV Business

China's NEV sales reached approximately 80,000 units in July, down by 4.7% from a year ago. However, 

for the first seven months of the year, NEV sales of the country still soared 40.9% over the previous 

year to 699,000 units, according to the China Association of Automobile Manufacturers (CAAM).

 

Last month, BYD sold 16,567 new energy vehicles, a year-on-year decline of 11.8% 

and a month-on-month slump of 37.65%. For the first seven months, its NEV sales 

totaled 162,220 units, skyrocketing 73.71% over the previous year.

 

Geely Automobile Holding Limited (hereinafter referred to as Geely Automobile and the Group) 

announced on August 7 that its total sales volume (including Lynk & Co-branded vehicles) in 

July 2019 reached 91,375 units, a year-on-year decrease of roughly 24%, while up by around 1% 

from the previous month.

 

JAC Motors announced its vehicle sales in July slumped 27.29% from the year-ago period to 27,555 units, 

of which 1,738 units came from pure electric PVs, a steep decline of 66.5% compared with a year ago and 

a plunge of 82.3% over a month ago.

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