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China EV deliveries fall 3.9% in July as incentives fade
China Passenger Car Association data show July EV deliveries marked a seventh straight month of year-on-year decline, while overall car deliveries dropped 20.9% to 1.46 million units.
China’s electric vehicle market continued to weaken in July, with deliveries falling 3.9% from a year earlier, extending the decline to seven consecutive months, according to China Passenger Car Association data cited by SCMP Economy.
The outlet reported that domestic sales of pure electric and plug-in hybrid vehicles fell 5.8% from June, with fading government incentives and softer consumer demand weighing on buyers.
Overall car deliveries in mainland China, including petrol-powered vehicles and EVs, dropped 20.9% year on year to 1.46 million units. EVs accounted for 65.1% of total car sales in July.
SCMP Economy also highlighted warnings from Phate Zhang, founder of Shanghai-based industry data provider CnEVPost, who said a bleak outlook could pressure smaller EV firms and that players may need to rely on price cuts to lift sales in the coming months. Between January and July, Chinese automakers delivered 5.67 million EVs to domestic customers, down 12.5% from a year earlier.