16/08/2026
China’s EV Gamble Has Already Passed the Point of No Return — And the Rest of the World Is Still Pretending It’s Optional
In July 2026, China’s new energy vehicle retail pe*******on hit a record 65.1%. That number is not a celebration of explosive growth. It is the sound of the internal combustion engine market collapsing underneath it.
Fuel-powered passenger cars fell more than 40% year-on-year in the same month. Overall passenger vehicle retail dropped around 21%. New energy vehicle absolute sales themselves were still down roughly 12% for the first seven months of the year. The pe*******on rate rose because the old world is disappearing faster than the new one is expanding.
https://peakingtech.blogspot.com/2026/08/chinas-ev-gamble-has-already-passed.html