CAAM: National wholesale sales of new energy passenger vehicles are expected to reach 1.18 million units in July, a year-on-year increase of 25%.

According to the Zhixun Finance APP, the China Association of Automobile Manufacturers stated that in July 2025, there are a total of 23 working days, and the production and sales time is relatively ample. Recently, the industry's efforts against "internal competition" have been deepening, and some manufacturers are taking the traditional high-temperature holidays at the end of the month, resulting in relatively stable production and sales in July. According to preliminary data from the China Passenger Car Association for the month, it is estimated that in July, the wholesale sales of new energy passenger vehicles in China will reach 1.18 million units, an increase of 25% year-on-year and a decrease of 4% month-on-month. From January to July this year, a total of 7.63 million units have been wholesaled, an increase of 35% year-on-year.