Dongfeng Motor suspended trading of its Hong Kong shares on Monday after warning that first-half earnings would sink up to 95 per cent
Total EV deliveries, comprising passenger cars and commercial vehicles like buses, slid 5 per cent from a month earlier to 1.26 million units in July, according to data from the government-backed China Association of Automobile Manufacturers (CAAM). It was the first month-on-month drop in the Chinese EV market since May.
The sales volume represented a 27.4 per cent increase from the same period in 2024.
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