Retail sales of new passenger vehicles industrywide gained five percent year on year in the first 20 days of August, the China Automobile Dealers Association said on Wednesday.
In the period, some 947,000 sedans, crossovers, SUVs and multi-purpose vehicles were delivered in China, according to the trade group’s tally.
The market expansion came on sustained demand for electrified vehicles.
In the 20-day period, deliveries of electrified vehicles including full electric vehicles…
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