Weekly Data

From January 1 to 18, China's total passenger vehicle retail sales came in at 679,000 units, down 28% compared to the same period last year.

Additional vehicle purchase tax costs kicking in and the transition of trade-in subsidies are putting pressure on NEV sales at the start of the year.

From December 1 to 28, China's overall passenger vehicle retail sales totaled 1.928 million units, down 17 percent year-on-year.

From December 1 to 21, China's overall passenger vehicle retail sales totaled 1.3 million units, down 19 percent year-on-year.

From December 1 to 14, China's overall passenger vehicle retail sales totaled 764,000 units, a 24 percent decrease compared to the same period last year.

This marks a rare year-end decline in NEV sales over recent years, as support policies are scaled back.

China's NEV retail penetration rate stood at 61.3 percent during November 1-23, and 53.28 percent year-to-date.

From November 1-16, China's total passenger vehicle retail sales stood at 886,000 units, down 14 percent compared to the same period last year.

From November 1-9, China's total passenger vehicle retail sales came in at 415,000 units, down 19 percent year-on-year.

Three consecutive weeks of weekly deliveries exceeding 10,000 units propelled Nio Inc's monthly deliveries to a new high.