China on Top in EV Sales

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China is capturing a rising percentage of the world electric vehicle (EV) market, outshining rival markets at a quickening pace. China’s new energy passenger vehicle sales from January to July tallied 3.03 million units — compared to 1.24 million units sold in Europe and 590,000 in North America. New energy vehicles include all-electrics, plug-in hybrids, and fuel-cell electrics. China's share of new energy car sales rose from 52% in 2021 to 60.6% in the first seven months of 2022 — or 68% in July alone. Cui Dongshu, secretary general of the China Passenger Car Association, shared the figures on his personal account on WeChat, a Chinese messaging app.

Electric Vehicles
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