China's vehicle market has started to recover since April, but carmakers still face challenges to achieve sales growth for the whole year, said the country's leading industry association.
In a report released on Monday, the Brussels-based climate group Transport & Environment said that the growth of electric vehicle (EV) sales in the EU had slowed and the bloc needs to provide more regulatory incentives for its carmakers to scale up EV production or risk losing market share to Chinese rivals, Reuters reported.
A total of 896,000 new energy vehicles were sold worldwide in June, up 26% MoM and 66% YoY. Among them, 672,000 pure electric cars were sold, an increase of 30% month-on-month, accounting for 75% of the total sales, while 225,000 plug-in hybrid electric cars (PHEVs) were sold, an increase of 15% month-on-month, accounting for 25%.
A total of 896,000 new energy vehicles were sold worldwide in June, up 26% MoM and 66% YoY. Among them, 672,000 pure electric cars were sold, an increase of 30% month-on-month, accounting for 75% of the total sales, while 225,000 plug-in hybrid electric cars (PHEVs) were sold, an increase of 15% month-on-month, accounting for 25%.
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