- From November 1-9, China's total passenger vehicle retail sales came in at 415,000 units, down 19 percent year-on-year.
- The retail penetration rate of NEVs in China was 64 percent from November 1 to 9, and 52.9 percent year-to-date.
China's new energy vehicle (NEV) sales performance at the beginning of this month was weaker than last year.
From November 1-9, China's passenger NEV retail sales totaled 265,000 units, down 5 percent year-on-year, though up 16 percent month-on-month, according to data released today by the China Passenger Car Association (CPCA).
The month-on-month growth primarily resulted from a low base in October due to the National Day and Mid-Autumn Festival holidays occurring during October 1-8.
Year-to-date, China's cumulative passenger NEV retail sales reached 10.42 million units, up 23 percent year-on-year.
Wholesale sales of passenger NEVs in China from November 1-9 totaled 306,000 units, down 3 percent year-on-year but up 59 percent month-on-month.
Year-to-date, cumulative wholesale sales of passenger NEVs in China reached 12.36 million units, up 29 percent year-on-year.
From November 1-9, China's total passenger vehicle retail sales reached 415,000 units, down 19 percent year-on-year and down 4 percent month-on-month.
Year-to-date, China's cumulative retail sales of all passenger vehicles reached 19.67 million units, up 7 percent year-on-year.
This indicates that China's NEV retail penetration rate stood at 64 percent during November 1-9 and 52.9 percent year-to-date.
During the first week of November, November 1-9, China's average daily retail sales of passenger vehicles totaled 46,056 units.
From November 1-9, China's wholesale sales of all passenger vehicles totaled 468,000 units, down 22 percent year-on-year but up 48 percent month-on-month.
During November 1-9, China's average daily wholesale sales of passenger vehicles were 52,020 units.
Year-to-date wholesale sales of passenger vehicles in China reached 24.24 million units, an 11 percent increase compared to the same period last year.
