SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Electric Vehicles Outsell Petrol-Driven Cars in China

» Published: 09 August 2024

Electric Vehicles Outsell Petrol-Driven Cars in China
Photo: Andy Wong/AP/TT

The sale of so-called NEV cars – that is, electric cars, hybrids, and cars driven by fuel cell technology – is moving forward in China. In July, they accounted for over half of all sold cars in the country, according to new figures from the Chinese industry organization CPCA.

This is the first time NEV cars have surpassed petrol-driven cars in sales, reports CNBC.

The sale of NEV cars has increased from 36 percent the same period last year, although the statistics from the organization have previously been questioned.

In the USA, the sale of the same group of vehicles was around 18 percent during the first quarter of the year, a small decrease compared to the fourth quarter last year.

In Sweden, rechargeable cars accounted for around 59 percent of all passenger cars registered in July.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

The Promise: "Massive" Infrastructure Announcement from Trump
1 MIN READ

The Promise: "Massive" Infrastructure Announcement from Trump

Course collapse for Danish wind power giant
1 MIN READ

Course collapse for Danish wind power giant

The Chancellor of Justice: The Supreme Court should not review the Bonnesen verdict
1 MIN READ

The Chancellor of Justice: The Supreme Court should not review the Bonnesen verdict

Electricity prices soar – expensive start to the week
2 MIN READ

Electricity prices soar – expensive start to the week

Biden's final move - a knockout blow for Volvo Cars?
2 MIN READ

Biden's final move - a knockout blow for Volvo Cars?

Unexpectedly gloomy index from Germany
1 MIN READ

Unexpectedly gloomy index from Germany

The Sneaker Chain Goes Bankrupt
1 MIN READ

The Sneaker Chain Goes Bankrupt

The Bohusläningen is shutting down its paper edition
1 MIN READ

The Bohusläningen is shutting down its paper edition

Loan Requirements on the Way: "Harder without Rich Parents"
3 MIN READ

Loan Requirements on the Way: "Harder without Rich Parents"

This is how much Spotify donated to Trump's inauguration
1 MIN READ

This is how much Spotify donated to Trump's inauguration

Smaller income disparities in the inflation year 2023
2 MIN READ

Smaller income disparities in the inflation year 2023

Svantesson on Trump: We Must Remain Calm
1 MIN READ

Svantesson on Trump: We Must Remain Calm

"Surprised that markets don't react more"
2 MIN READ

"Surprised that markets don't react more"

Stockholm Stock Exchange on the Rise - Saab Up
1 MIN READ

Stockholm Stock Exchange on the Rise - Saab Up

Higher Profit for Avanza – Increases Dividend
1 MIN READ

Higher Profit for Avanza – Increases Dividend

Fewer passengers to Swedish harbors
1 MIN READ

Fewer passengers to Swedish harbors

Modest upswing on Asian markets after Trump's inauguration
1 MIN READ

Modest upswing on Asian markets after Trump's inauguration

Trump gives Tiktok 75 days before shutdown
1 MIN READ

Trump gives Tiktok 75 days before shutdown

Trump: May Impose Tariffs on Neighbors
2 MIN READ

Trump: May Impose Tariffs on Neighbors

Oil and dollar cheaper after Trump's speech
2 MIN READ

Oil and dollar cheaper after Trump's speech