- In the September 1-21 period, China's total passenger vehicle retail sales amounted to 1.191 million units, up 1 percent from the same period last year.
- NEV retail penetration in China stood at 58.5 percent from September 1 to 21, and 51.8 percent year-to-date.
China's new energy vehicle (NEV) retail sales accelerated further last week, driving faster growth so far this month.
Passenger NEV retail sales in China reached 697,000 units in the September 1-21 period, up 10 percent year-on-year and up 11 percent month-on-month, according to data released today by the China Passenger Car Association (CPCA).
By comparison, passenger NEV retail sales from September 1-14 totaled 438,000 units, a lower year-on-year growth rate of 6 percent and a 10 percent increase from the previous month.
Year-to-date, China's cumulative passenger NEV retail sales came in at 8.27 million units, up 24 percent year-on-year.
Wholesale sales of China's passenger NEVs from September 1-21 totaled 724,000 units, a 10 percent increase year-on-year and a 19 percent rise month-on-month, according to the CPCA.
Year-to-date, China's cumulative passenger NEV wholesale sales reached 9.67 million units, up 31 percent year-on-year.
From September 1 to 21, China's total passenger vehicle retail sales reached 1.191 million units, up 1 percent year-on-year and up 8 percent month-on-month.
Year-to-date, China's cumulative retail sales of all passenger vehicles reached 15.96 million units, up 9 percent year-on-year.
This indicates that China's NEV retail penetration rate stood at 58.5 percent during September 1-21 and 51.8 percent year-to-date.
During the first week of September, September 1-7, China's average daily passenger vehicle retail sales were 43,483 units, down 10 percent year-on-year and 4 percent month-on-month.
In the second week of September, September 8-14, China's average daily passenger vehicle retail sales reached 61,142 units, up 1 percent year-on-year and 15 percent month-on-month.
During the third week of September, September 15-21, China's average daily passenger vehicle retail sales reached 65,464 units, marking a 9 percent year-on-year increase and a 10 percent rise compared to the same period last month.
From September 1-21, China's total passenger vehicle wholesale sales stood at 1.307 million units, remaining flat year-on-year but growing 16 percent compared to the same period last month.
From September 1-7, China's average daily wholesale sales of passenger vehicles reached 43,908 units, down 5 percent year-on-year but up 9 percent compared to the same period last month.
From September 8-14, China's average daily wholesale sales of passenger vehicles totaled 66,634 units, down 1 percent year-on-year but up 26 percent compared to the same period last month.
From September 15-21, China's daily average wholesale sales of passenger vehicles reached 76,203 units, up 6 percent year-on-year and up 13 percent month-on-month.
Year-to-date wholesale sales of passenger vehicles in China reached 19.35 million units, a 12 percent increase compared to the same period last year.
