China wholesales July 2022: Market up 29.7%, BYD (+177.7%) and Wuling Hongguang Mini EV break records
BYD sales are up 177% year-on-year in July. According to data released by the China Association of Automobile Manufacturers, the Chinese new wholesales market soars 29.7% year-on-year to 2,420,000 units, a new record for the month. Sales continue to be propped up by a series of incentives by the Chinese…