This photo taken on April 24, 2024 shows a new energy vehicle (NEV) assembly line of BYD, China's leading NEV manufacturer, at the plant of BYD in Zhengzhou, central China's Henan Province. Photo:Xinhua
China's automobile exports hit 575,000 units in July, with new-energy vehicles (NEVs) driving the growth, data from the China Association of Automobile Manufacturers (CAAM) showed on Monday.
Exports rose 22.6 percent year-on-year in July, bringing total shipments in the first seven months to 3.68 million units, up 12.8 percent from a year earlier.
NEVs were the main driver of automobile export growth, with exports of more than 225,000 units in July, up 10 percent from June and more than doubling from the same month last year.
Domestic NEV output and sales reached 1.243 million and 1.262 million units in July, up 26.3 percent and 27.4 percent year-on-year, respectively, accounting for 48.7 percent of all new car sales.
From January to July, China produced 8.232 million NEVs and sold 8.22 million, up 39.2 percent and 38.5 percent, respectively, making up 45 percent of the country's total new car sales, according to CAAM.