China NEV retail at 922,000 in Apr, up 37% year-on-year, preliminary CPCA data show

  • China's NEV penetration at retail stood at 52.3 percent in April and 48.31 percent year-to-date.
  • Wholesale sales of NEVs in April were 1.142 million units, up 41 percent year-on-year and up 1 percent from March.

China NEV retail at 922,000 in Apr, up 37% year-on-year, preliminary CPCA data show

China's new energy vehicle (NEV) retail sales saw year-on-year growth last month, despite a decline from March.

In April, China's passenger NEV retail sales stood at 922,000 units, up 37 percent year-on-year but down 7 percent from March, according to preliminary data released today by the China Passenger Car Association (CPCA).

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So far this year, cumulative retail sales of China's passenger NEVs stood at 3.342 million units, up 37 percent year-on-year, according to the CPCA.

Wholesale sales of China's passenger NEVs in April were 1.142 million units, up 41 percent year-on-year and up 1 percent from March.

So far this year, cumulative wholesale sales of passenger NEVs in China totaled 3.99 million units, up 42 percent year-on-year.

In April, China's retail sales of all passenger vehicles were 1.791 million units, up 17 percent year-on-year, but 8 percent lower than in March.

So far this year, cumulative retail sales of all passenger cars in China totaled 6.918 million units, up 9 percent year-on-year.

This means that China's NEV penetration at retail stood at 52.3 percent in April and 48.31 percent so far this year.

In the first week of April -- April 1-6 -- average daily retail sales of passenger cars in China were 34,918, up 2 percent year-on-year but 14 percent lower than the same period of the previous month.

In the second week of April -- April 7-13 -- average daily retail sales of passenger cars in China were 43,704, up 13 percent year-on-year but 14 percent lower than the same period of the previous month.

In the third week of April -- April 14-20 -- average daily retail sales of passenger cars in China were 54,522, up 17 percent year-on-year but down 3 percent from the same period of the previous month.

In the fourth week of April -- April 21-27 -- average daily retail sales of passenger cars in China were 70,531, up 7 percent year-on-year but down 11 percent from the same period of the previous month.

In the fifth week of April -- April 28-30 -- average daily retail sales of passenger cars in China were 133,389, up 52 percent year-on-year and up 36 percent from the same period of the previous month.

Wholesale sales of all passenger cars in China in April were 2,174,000 units, up 12 percent from a year earlier but down 10 percent from a month earlier.

During April 1-6, China's average daily wholesale sales of passenger cars were 35,406, up 11 percent year-on-year but down 21 percent from the same period of the previous month.

During April 7-13, average daily wholesale sales of passenger cars in China were 52,131, up 22 percent year-on-year, but down 10 percent in the same period of the previous month.

During April 14-20, average daily wholesale sales of passenger cars in China were 59,440, up 9 percent year-on-year, but down 9 percent in the same period of the previous month.

During April 21-27, average daily wholesale sales of passenger cars in China were 82,266, up 5 percent year-on-year but down 22 percent in the same period of the previous month.

During April 28-30, China's average daily wholesale sales of passenger cars were 201,623, up 15 percent year-on-year and up 48 percent from the same period a month earlier.

So far this year, China's passenger car wholesale sales are 8.452 million units, up 11 percent compared to the same period last year.

Nio Inc had 5,100 insurance registrations in China last week, including 3,470 under the Nio brand, 1,280 for Onvo and 350 for Firefly.
May 7, 2025
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