China Auto Market
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China NEV retail at 180,000 in Jun 1-10, down 11% from same period last month
China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date.
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China NEV retail at 574,000 in May 1-26, up 2% from same period last month
China's retail penetration of NEVs stood at 47.51 percent in May 1-26, and 39.93 percent year-to-date.
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China NEV retail at 412,000 in May 1-19, up 10% from same period last month
China's retail penetration of NEVs stood at 45.78 percent in the May 1-19 period, and 39.4 percent year-to-date.
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China NEV retail at 241,000 in May 1-12, up 10% from same period last month
China's retail penetration of NEVs was 43.11 percent in May 1-12, and 38.87 percent year-to-date.
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China offers incentives to boost old car replacements, analysts expect up to 2 million additional sales
China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.
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China's NEV retail at 420,000 in Apr 1-21, down 2% from same period last month
China's retail penetration of NEVs was 49.3 percent in April 1-21 and 38.56 percent year-to-date.
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China's NEV retail at 260,000 in Apr 1-14, up 2% from same period last month
China's retail penetration of NEVs was 50.39 percent in April 1-14, and 38 percent year-to-date.
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China releases action plan to encourage trade-in of consumer goods including cars
China aims to double the amount of scrapped cars recycled by 2027 compared to 2023.
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China's NEV retail at 97,000 in Apr 1-6, up 5% from same period last month
China's retail penetration of NEVs was 47.09 percent in April 1-6, and 37.1 percent year-to-date.
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China's NEV retail at 490,000 in Mar 1-24, up 84% from same period last month
China's retail penetration of NEVs was 47.67 percent in the March 1-24 period.
