CPCA data for July 1-31: China passenger vehicle NEV retail sales 970,000 units,
down 2% YoY and down 4% versus the prior month; YTD retail 5.675 mln units, down
12% YoY. Manufacturer NEV wholesale shipments 1,463,000 units in July, up 24%
YoY and down 1% versus the prior month; YTD wholesale 8.251 mln units, up 8%
YoY. July retail NEV penetration 64.4%; wholesale penetration 65.3%.
