CPCA Estimates

From January to September, China's NEV wholesale sales are estimated at 10.45 million units, up 32 percent year-on-year.

In September, China's passenger NEV retail penetration rate is projected to reach a record 58.1 percent.

In the January to August period, China's NEV wholesale sales are estimated at 8.93 million units, a 34 percent year-on-year increase.

In July, China's passenger NEV wholesale sales are estimated at 1.18 million units, up 25 percent year-on-year, but down 4 percent from June.

The CPCA estimates China's July NEV retail to come in at 1.01 million, up 14.64 percent year-on-year, but down 9.09 percent from June.

In the first half of the year, China's NEV wholesale sales are estimated to reach 6.47 million units, up 38 percent year-on-year.

In May, China's passenger NEV wholesale sales are expected to reach 1.24 million units, a year-on-year increase of 38 percent and a month-on-month increase of 9 percent.

In May, China's passenger NEV retail sales are expected to be 980,000 units, with penetration at around 52.9 percent.

China's wholesale sales of passenger NEVs were estimated at 1.14 million units in April, up 42 percent year-on-year and up 1 percent from March.

Overall passenger car retail sales in April are estimated to be around 1.75 million units, up 14.4 percent year-on-year but down 9.8 percent from the previous month.