Electric Vehicle Sales in China Help Lead Auto Sector Rebound

Vehicle sales in China continue to rebound from COVID-19 pandemic-impacted lows According to the China Association of Automobile Manufacturers (CAAM), Chinese vehicle sales of 2.112 million in July were an increase of 16.4% compared to July, 2019. For the period of January through July, sales were down 12.7% compared to the same period in 2019.

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Source Fool.com