China's Electric Car Sales Slump Amid Fading Incentives and Price War China's electric vehicle (EV) sales have taken another hit, with deliveries falling 3. 9 percent in July from the same period last year.
This marks the seventh consecutive month of decline, a trend that extends beyond pure electric vehicles to plug in hybrids as well. Overall car deliveries in mainland China plummeted by 20.
9 percent in July, while exports saw a more modest drop. Chinese carmakers shipped 147. 8 percent more EVs abroad compared to last year's equivalent period, but struggled to make headway at home.