China electric car sales hit new high
Electric vehicle sales in China experienced a record high last August, accounting for 60.6% of total new car sales, alongside significant production and export figures. Company productions reached 1.65 million vehicles, with 1.64 million units sold—a roughly 20% year-over-year increase. Exports also rose by 30%, reaching 526,000 units. China aims for electric vehicles to constitute at least 70% of new car sales by 2030, as part of a national plan to lead the global electric vehicle industry.
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