CPCA

In April, China's retail sales of all passenger vehicles stood at 1.585 million units, down 2 percent year-on-year and 6 percent lower than in March.

Since the beginning of the year, consumers have been in a wait-and-see mood, and the passenger car market has not been able to regain momentum in sales, the CPCA said.

Price wars intensified in China's auto market in April, with overall discounts slightly higher than in March, the CPCA said.

China's retail penetration of NEVs was 49.3 percent in April 1-21 and 38.56 percent year-to-date.

China's retail penetration of NEVs was 50.39 percent in April 1-14, and 38 percent year-to-date.

China's retail penetration of NEVs was 47.09 percent in April 1-6, and 37.1 percent year-to-date.

In the January-March period, BYD was No. 1 with a 33.1 percent share, while Tesla was No. 3 with a 7.5 percent share.

China's retail penetration of NEVs was 41.6 percent in March, up 5.8 percentage points from 35.8 percent in February.

China's retail sales of all passenger vehicles totaled 1.699 million units in March, up 7 percent year-on-year and up 54 percent from February.

Both production and sales of passenger vehicles increased significantly in March from February as industries quickly turned to normal operations after the Chinese New Year holiday, the CPCA said.