China's BEV sales in July stood at 551,000 units, down 10 percent from June, while PHEV sales grew to a new record high of 438,000 units.

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show-CnEVPost

China's new energy vehicle (NEV) sales slumped last month, ending the previous two consecutive months of sequential growth.

In July, China's NEV sales totaled 991,000 units, up 27 percent year-on-year but down 5.53 percent from June, according to data released today by the China Association of Automobile Manufacturers (CAAM).

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CAAM's NEV sales are the carmaker's wholesale sales, including those in China and those exported to overseas markets. NEVs include battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell vehicles.

BEV sales saw a sequential decline last month, while PHEV sales hit a new record high.

BEV sales in China were 551,000 units in July, up 2.6 percent year-on-year but 10 percent lower than in June.

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show-CnEVPost

PHEV sales in July were a new record high at 438,000 units, up 80.7 percent year-on-year and up 0.46 percent from June.

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show-CnEVPost

Fuel cell vehicle sales were 1,000 units in July, up 181.2 percent from the same period of last year.

China's all vehicle sales in July were 2,262,000 units, down 5.2 percent year-on-year and down 11.4 percent from June.

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show-CnEVPost

This means that NEV penetration was 43.8 percent in July, up from 41.1 percent in June.

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show-CnEVPost

Excluding exports, domestic NEV sales in July were 887,000 units, up 30.7 percent year-on-year but 7.9 percent lower than in June.

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show-CnEVPost

In July, 469,000 vehicles were exported from China, up 19.6 percent year-on-year but 3.2 percent lower than in June.

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show-CnEVPost

Of these, NEV exports were 103,000 units, up 2.2 percent year-on-year and up 20.6 percent from June.

China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show-CnEVPost

China exported 77,000 units of BEVs in July, down 16.7 percent year-on-year while up 20.9 percent from June.

PHEVs exported 27,000 units in July, up 190 percent year-on-year and up 19.9 percent from June.

China NEV retail rises to 878,000 in Jul, penetration exceeds 50% for 1st time