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The China Association of Automobile Manufacturers (CAAM) and China Passenger Car Association (CPCA) recently released official data regarding new energy vehicle (NEV) market performance during July. According to CAAM, the overall production and sales of NEVs reached 617,000 units and 593,000 units, respectively, with on-year increases both being over 120%. Production and sales of battery electric vehicles (BEVs) reached 472,000 units and 457,000 units, respective…
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Kallanish Asia
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