- From August 1 to 10, China's total passenger vehicle retail sales totaled 452,000 units, down 4 percent year-on-year.
- The penetration rate of NEVs in retail sales was 57.9 percent from August 1 to 10, and 50.89 percent year-to-date.
China's new energy vehicle (NEV) retail sales saw moderate growth in the first 10 days of this month, amid a weak overall market performance.
From August 1 to 10, China's passenger NEV retail sales came in at 262,000 units, up 6 percent both year-on-year and month-on-month, according to data released today by the China Passenger Car Association (CPCA).
So far this year, China's cumulative retail sales of passenger NEVs reached 6.717 million units, up 28 percent year-on-year.
Wholesale sales of passenger NEVs from August 1 to 10 reached 229,000 units, up 15 percent year-on-year, but down 2 percent month-on-month, according to the CPCA.
So far this year, China's cumulative wholesale sales of passenger NEVs reached 7.862 million units, up 35 percent year-on-year.
From August 1 to 10, China's total retail sales of passenger vehicles reached 452,000 units, down 4 percent year-on-year but up 6 percent month-on-month.
So far this year, China's cumulative retail sales of all passenger vehicles reached 13.2 million units, up 10 percent year-on-year.
This means that the penetration rate of NEVs in retail sales was 57.9 percent in August 1-10 and 50.89 percent so far this year.
In the first week of August, August 1-10, China's daily average retail sales of passenger vehicles totaled 45,207 units.
From August 1 to 10, China's wholesale sales of all passenger vehicles reached 403,000 units, up 16 percent year-on-year but down 3 percent month-on-month.
During the same period, the average daily wholesale sales of passenger vehicles in China were 40,253 units.
Year-to-date wholesale sales of passenger vehicles reached 15.93 million units, up 13 percent year-on-year.
