Volvo Cars, a subsidiary of China’s Zhejiang Geely Holding Group, saw a 31% drop in sales in China last month due to a decline in fossil fuel car sales. In July, Volvo sold 9,755 cars in China, with fuel-powered vehicles down 34% and electric vehicles showing mixed results. Year-to-date, sales in China have fallen 5%. Globally, Volvo’s sales increased 6% in July, driven by a 49% rise in NEV sales. Overall, Volvo’s global sales rose 13% in the first seven months of the year.