CPCA
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China's April NEV retail sales continue to fall, while penetration tops 60% for first time
China's BEV retail sales rose 2.4% year-on-year in April, while PHEV sales plunged 25.2%.
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CPCA preliminary data shows China April passenger NEV retail sales at 883,000
NEVs outperformed internal combustion engine vehicles, driving the retail penetration rate to a record 62.8%.
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China's April passenger NEV wholesale seen rising 7% to 1.22 million units
Spurred by high oil prices and enthusiasm from the Beijing Auto Show, multiple major automakers posted stellar April sales.
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CPCA head calls for China to establish budget EV standards to boost sales
CPCA's Cui advocates introducing standards for budget EVs in China to stimulate demand in underdeveloped regions and address sluggish auto sales.
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China NEV retail sales drop 11% to 614,000 units in April 1-26
NEV retail penetration reached 61.2% during the period as traditional combustion-engine cars fared worse.
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CPCA expects China's April NEV retail sales to edge up to 860,000 units
China's April NEV retail penetration rate is expected to rise above 60% for the first time, with NEVs rebounding as the broader auto market continues to decline.
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China Apr 1-19 NEV retail sales fall 14% as buyers await auto show
China NEV retail sales came in at 387,000 units during April 1-19, down 14% year-on-year and down 5% sequentially.
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China NEV retail sales fall 11% in first 12 days of Apr
China's NEV retail penetration rate reached 59.5% between April 1 and April 12.
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Automakers' share in China NEV market in Mar: BYD tops with 22.8%, Tesla 4th with 6.6%
BYD captured a 22.8% share of China's NEV retail market in March, expanding its lead over Geely.
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China Mar NEV retail sales improve significantly from Feb, though year-on-year decline continues
China's retail sales of passenger NEVs in March reached 848,000 units, surging 82.6% from February, but falling 14.4% year-on-year.
