Global EV Sales Rise in July as Europe Offsets Weakness in China and North America
Geely’s low-priced Xingyuan sold nearly 197,500 units, while new energy vehicles reached 65.1% of new passenger car sales, industry data showed.
- Geely's Xingyuan electric hatchback led China's passenger car sales for the six months through July, with nearly 197,500 units sold according to Autohome data.
- Tesla's Model Y ranked second with more than 180,000 units sold, while BYD's Yuan UP SUV secured fifth place with nearly 97,700 sales. The German automaker's Lavida was the only foreign car in the top 10.
- Consumers increasingly favor lower-cost options, with the Geely Xingyuan priced at under 100,000 yuan . The Tesla vehicle commands a higher price tag between 263,500 yuan and 313,500 yuan.
- New energy vehicles captured 65.1% of the passenger car market in July, up from 54% a year ago, according to China Passenger Car Association data released Tuesday.
- This domestic success aligns with China's broader manufacturing dominance, as Chinese firms now produce around 80% of the world's lithium-ion battery cells and 70% of electric vehicles globally.
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25 Articles
Global sales of electric vehicles rose in July thanks to surging demand in EuropeIn July, global sales of electric vehicles rose 9% to 1.85 million, with demand in Europe up 33%. Sales in China and North America decreased by 5% and 27%, respectively.
In July, nine percent more electric vehicles were sold worldwide than in the same month of the previous year.
Energy volatility could fast-track global EV adoption to 50% above base case, Wood Mackenzie finds
China leads with 29.9M in annual sales by 2040, US must make bolder bets on EV technology to keep pace LONDON/HOUSTON/SINGAPORE, Aug. 13, 2026 (GLOBE NEWSWIRE) — INSIGHT FOR IMMEDIATE RELEASE Wood Mackenzie | www.woodmac.com LONDON/HOUSTON/SINGAPORE, 13 August 2026 – As the Middle East conflict continues to drive volatility in global oil markets, Wood Mackenzie’s base case already […]
Global EV sales rise in July as Europe offsets weakness in China and North America
By Amir Orusov Aug 13 (Reuters) - Global demand for electric vehicles rose for a fifth consecutive month in July, driven by robust growth in Europe while sales weakened in China and North America, data from consultancy Benchmark Mineral Intelligence...
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