China’s EV boom enters a new phase, July EV sales signals market slow down
Edited By WION Video Desk
Published: Aug 06, 2026, 09:46 IST | Updated: Aug 06, 2026, 09:46 IST
China’s EV boom appears to be entering a new phase. July sales data signals the market is starting to slow down. After years of rapid growth, demand is cooling amid price wars and competition. Analysts say subsidies ending and market saturation are key factors.
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