BEIJING—Sales of new energy vehicles (NEVs) in China fell 4.7 percent in July from a year earlier, the first drop in more than two years, data from the country’s biggest auto industry association showed.
NEV sales fell to 80,000 units last month in China. That compared with a growth of 80 percent in NEV sales in June. Overall auto sales in the world’s biggest vehicle market fell 4.3 percent in July, down for a 13th consecutive month, the China Association of Automobile Manufacturers (CAAM) said on Aug. 12.
