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Teaser: New Acura Performance Electric SUV Concept to Be Revealed At Monterey Car Week
Electric vehicle market share is growing in the U.S., but it hasn’t climbed anywhere near the heights seen in other markets. Chinese car buyers are among the most prolific EV and PHEV buyers in the world, and the country recently saw their sales numbers eclipse those of gas vehicles for the first time.
China refers to the two vehicle types as “new energy vehicles,” or NEVs. Their July sales increased 37 percent over July 2023, accounting for almost 51 percent of new car sales. The numbers also represent a 28.6 percent jump between June and July of this year.
Chris Teague
Aug 09, 2024
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