CPCA: The estimated wholesale sales of new energy passenger vehicle manufacturers in July is 750,000 units, up 34% YoY

The China Passenger Car Association comprehensively estimates that the wholesale sales of new energy passenger car manufacturers of the CPCA in July will be 750,000 units, a YoY increase of 34% and a MoM decrease of 1%. Since the beginning of this year, a total of 4.3 million vehicles have been sold in wholesale market, a YoY increase of 42%. In 2023, the sales volume of new energy passenger vehicles in China will be 8.5 million units, and the sales volume of narrowly defined vehicles (including sedan + MPV + SUV) will be 23.5 million units. New-energy vehicle sales are expected to account for 36% of total annual vehicle sales. Among them, Tesla sold 64,285 China-made vehicles in July.