China News Service, August 9th. According to the news on the WeChat public account of the "Passenger Federation" on the 9th, the retail sales of new energy passenger vehicles in July reached 486,000 units, a year-on-year increase of 117.3% and a month-on-month decrease of 8.5%. "W-shaped" trend.

From January to July, the domestic retail sales of new energy passenger vehicles was 2.733 million, a year-on-year increase of 121.5%.

  In July, the wholesale sales of new energy passenger vehicles reached 564,000 units, a year-on-year increase of 123.7% and a month-on-month decrease of 1.1%. Under the policy of halving the car purchase tax, new energy vehicles were not only not affected, but the month-on-month improvement exceeded expectations.

From January to July, the wholesale of new energy passenger vehicles was 3.030 million, a year-on-year increase of 123.0%.

  In the new energy vehicle market, the supply improvement and the expectation of rising oil prices have brought about a boom in the market. The rise in oil prices and the lock-in of electricity prices have driven the popularity of electric vehicle orders.

The month-on-month trend of new energy vehicles and traditional fuel vehicles in July was obviously driven by policies.

Various localities have introduced strong policies to encourage consumption, and the abundance of customer orders has changed the rules of the off-season, further driving the boom in the auto market in July.

  In addition, in July 2022, the retail sales of the passenger car market reached 1.818 million units, a year-on-year increase of 20.4%, which is the second highest growth rate in the past 10 years; retail sales in July fell by 6.5% month-on-month, and the month-on-month growth rate was the third in the history of the same period in the past 10 years. high.

The cumulative retail sales from January to July was 11.079 million units, a year-on-year decrease of 3.5% and a year-on-year decrease of 410,000 units, of which the increase of 680,000 units from June to July was a large contribution.

(Zhongxin Finance)