Tesla’s Model 3 leads the EV sales in China with 11,014 vehicles sold in July. That’s more than the next 3 best-selling EVs combined!
In China this morning, the China Association of Automobile Manufacturers (CAAM) held a press conference in Beijing to update the public on the status of the automotive industry’s recovery.
Overall, it is good news for the market, which managed to recover from the global pandemic much quicker than the rest of the world.
In short, July car production and sales were up from last year – therefore back to growth, but year-to-date is still down roughly 5%:
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