China Forecast to Sell a Record 6 Million Electric Cars in 2022

(Bloomberg) — Electric vehicles (EV) sales in China are forecast to hit a record 6 million this year as the cleaner cars.

The China Passenger Car Association (PCA) raised its estimate from 5.5 million, after releasing data showing deliveries of new-energy vehicles (NEV) more than doubled in July to around 486,000 units — accounting for 26.7% of the new auto market. Overall passenger vehicle sales rose 20% from a year earlier to 1.84 million units, the PCA said Tuesday.