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CPCA: Preliminary May National Passenger NEV Retail Sales 974,000 Units, Down 5% YoY
Recommend 21 Positive 45 Negative 19 |
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Data from the China Passenger Car Association (CPCA) showed that, based on preliminary statistics, national passenger vehicle retail sales totaled 1.545 million units from May 1 to 31, down 20% YoY and up 12% MoM. Cumulative retail sales since the beginning of this year reached 7.15 million units, down 19% YoY. Wholesale volume by passenger vehicle manufacturers amounted to 2.232 million units, down 4% YoY and up 6% MoM. Cumulative wholesale volume since the beginning of this year reached 10.209 million units, down 6% YoY. National passenger NEV retail sales totaled 974,000 units from May 1 to 31, down 5% YoY and up 15% MoM. Cumulative NEV retail sales since the beginning of this year reached 3.732 million units, down 14% YoY. NEV wholesale volume by passenger vehicle manufacturers reached 1.365 million units, up 12% YoY and 11% MoM. Cumulative NEV wholesale volume since the beginning of this year totaled 5.318 million units, up 2% YoY. The NEV retail penetration rate in the national passenger vehicle market was 63% from May 1 to 31, while the NEV wholesale penetration rate was 61.1%. (jl/a) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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