Aug 09, 2022 02:00 PM

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

Photo: VCG
Photo: VCG

(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.

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