In July, China's passenger NEV wholesale sales are estimated at 1.18 million units, up 25 percent year-on-year, but down 4 percent from June.
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Category: EV Industry
IM Motors claims its extended-range system achieves three times the range of the Model Y using a similar battery capacity.
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From July 1 to 27, China's total passenger vehicle retail sales were 1.445 million units, up 9 percent year-on-year, but down 19 percent month-on-month.
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The CPCA estimates China's July NEV retail to come in at 1.01 million, up 14.64 percent year-on-year, but down 9.09 percent from June.
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China's NEV penetration rate in retail sales was 54.9 percent during the July 1-20 period, and 50.56 percent year-to-date.
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In the first half of 2025, Chinese car brands' sales in Europe grew by 91 percent year-on-year, reaching a new high of 5.1 percent market share.
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IM Motors will launch two extended-range models later this year: the updated five-seat SUV IM LS6 and the all-new six-seat SUV IM LS9.
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The M817 is the first result of the strategic partnership between M-Hero and Huawei, featuring the ADS 4 assisted driving system and HarmonyOS cockpit.
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The Buick Electra L7 measures 5,032 mm in length and targets the premium sedan market priced at the RMB 300,000 ($41,790) level.
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The IM LS9 will be IM Motors' first hybrid model, as domestic EV makers have increasingly shifted away from focusing solely on the BEV market in recent years.
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