China's electric cars lag behind in global race

Sales decline sharply and market share still low, according to report

China's electric-vehicle industry is falling behind other major auto markets as sales decline sharply and market share remains low, a report by global management consultants McKinsey & Co said on Monday.

Only 235 electric vehicles were sold in the second quarter of the year in the world's largest auto market, a 31 percent drop from the 343 units sold in the first quarter, which was the sharpest decline among the world's major auto markets, the report showed.