NEV sales rise in home and overseas markets

Top-three: The Geely logo is seen on a rim at a car dealership in Shanghai. The company was one of 16 Chinese carmakers to sell over 10,000 personal new energy vehicles each in July, coming in at third place with 32,000 units. — Reuters

SHANGHAI: Sales of new energy vehicles (NEV) in China are expected to reach six million units this year, as the sector’s growth gathers momentum on rising popularity among consumers, said the country’s major industry association.

Carmakers sold 564,000 electric and plug-in hybrid passenger vehicles in July, up 123.7% from the same month last year, according to the China Passenger Car Association.