Pagoda Innovation says China NEV share hits record 60.4% of July new-car sales

• Beijing Pagoda Innovation published a June–July China new-energy vehicle market update dated Aug. 26.
• July auto market hit a seasonal lull. Exports stayed strong, topping 1 million units for a second month.
• NEV exports exceeded 50% of total exports for a second month. NEVs reached 60.4% of July new-car sales.
• June NEV sales rose 23.6% to 1,643,000 units. July sales rose 23.7% to 1,561,000 units.
• January–July NEV sales increased 9.6% to 9,007,000 units. NEVs accounted for 51.2% of new-car sales.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Pagoda Innovation Management Co Ltd published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.