China Auto Market
China NEV retail at 113,000 in Apr 1-6, down 17% from same period last month
China NEV retail sales were lower at the beginning of the month compared to the same period last month, partly due to a public holiday.
China NEV retail at 622,000 in Mar 1-23, up 40% from same period last month
China's NEV retail penetration rate was 53.90 percent in March 1-23, and 47.30 percent year to date.
China NEV retail at 427,000 in Mar 1-16, up 63% from same period last month
Cumulative retail sales of passenger NEVs in China so far this year totaled 1.853 million units, up 36 percent year-on-year.
China NEV retail at 204,000 in Mar 1-9, up 116% from same period last month
The significant increase relative to February 1-9 was largely due to a low base caused by the Chinese New Year holiday early last month.
China NEV retail at 445,000 in Feb 1-23, down 16% from same period last month
China's retail sales of all passenger vehicles in the February 1-23 period were 924,000 units, down 30 percent from the same period last month.
China NEV retail at 263,000 in Feb 1-16, down 17% from same period last month
China's NEV retail sales improved last week, significantly narrowing the month-to-date decline.
China NEV retail at 95,000 in Feb 1-9, down 36% from same period last month
The Chinese New Year holiday from January 28 to February 4 brought disruptions to production and consumption activities.
China NEV retail at 423,000 in Jan 1-19, down 39% from same period last month
Retail sales of all passenger cars in China for the January 1-19 period were 1.05 million units, down 5 percent from a year ago and down 27 percent from a month ago.
China NEV retail at 206,000 in Jan 1-12, down 50% from same period last month
Retail and wholesale sales of passenger NEVs in China fell sharply in the January 1-12 period compared to the same period last month.
China renews car trade-in subsidies, analysts see more benefit for lower-priced NEV makers
Deutsche Bank analysts expect the subsidies to drive full-year demand growth of 3 million units in 2025 and support double-digit growth in the second and third quarters.
