CPCA

CPCA expects China's Jul NEV retail at 860,000, penetration to rise further to 49.7%

China's passenger car retail sales fell in July from June, but the NEV market was bolstered by fast-growing sales of hybrid models, the CPCA said.

China NEV retail at 461,000 in Jul 1-21, down 2% from same period last month

China's retail penetration of NEVs stood at 49.35 percent in the July 1-21 period, and 42.45 percent year-to-date.

China NEV retail at 286,000 in Jul 1-14, up 6% from same period last month

China's NEV retail penetration was 49.48 percent in July 1-14, and 42.23 percent year-to-date.

China NEV retail at 130,000 in Jul 1-7, up 3% from same period last month

China's NEV retail penetration stood at 47.44 percent in July 1-7, and 41.95 percent year-to-date.

Automakers' share of China NEV market in Jun: BYD tops with 32.7%, Tesla 3rd with 6.9%

In the first half of 2024, BYD was No. 1 in China's NEV market with a 33.8 percent share, while Tesla was No. 3 with a 6.8 percent share.

China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%

Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.

China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show

China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.

China Jun NEV wholesale at 970,000, up 8% from May, CPCA estimates show

In June, price wars in China's auto market cooled down, spurring consumer sentiment among groups that had been on the sidelines, the CPCA said.

China NEV retail at 534,000 in Jun 1-23, up 7% from same period last month

China's NEV retail penetration was 49.12 percent for June 1-23, and 41.36 percent year-to-date.

CPCA expects China's Jun NEV retail at 860,000, with record 49.1% penetration

China's June retail sales of NEVs are set to be the second highest on record, further approaching last December's record high.
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