Electric vehicle sales growth eases to 21% in July

China's overall car sales growth slowed in July, with BYD , the world’s largest EV maker, recording its third monthly drop in registrations. — Bloomberg

SHANGHAI: Global electric vehicle (EV) sales grew 21% year-on-year in July, the slowest rate since January and down from 25% in June, as momentum in plug-in hybrid sales in China slackened, market research firm Rho Motion says.

China is the world’s biggest car market and accounts for more than half of global EV sales, which in Rho Motion’s data include battery-electric vehicles and plug-in hybrids.