As of now, all provinces in China have implemented the car replacement subsidy policy and brought a new wave of growth momentum to the automative market, the CPCA said.
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Category: CPCA Estimates
CPCA expects China’s Oct NEV retail sales at 1.15 million, above 1 million for 3rd consecutive month
In October, retail sales of passenger NEVs in China are expected to be at 1.15 million units, up 49 percent year-on-year and up 2.4 percent compared with September, according to estimates released today by the CPCA.
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China Sept NEV wholesale at record 1.228 million, CPCA estimates show
China's wholesale sales of passenger NEVs are estimated at 1.228 million units in September, up 48 percent year-on-year and up 17 percent from August.
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CPCA expects China’s NEV retail to be 1.1 million in Sept, above 1 million for 2nd consecutive month
In September, China's passenger NEV retail sales are expected to be around 1.1 million units, up 47.3 percent year-on-year and up 7.3 percent compared to August, CPCA's estimates show.
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China Aug NEV wholesale at 1.05 million, up 11% from Jul, CPCA estimates show
China's wholesale sales of passenger NEVs are expected to come in at 1.05 million units in August, which would be the first time this year that they have exceeded 1 million units.
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CPCA expects China’s Aug NEV retail at 980,000, with record 53.2% penetration
China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.
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China Jul NEV wholesale at 950,000, down 3% from Jun, CPCA estimates show
July was traditionally a slow production season, while a lack of demand and extreme weather in some regions led to overall weakness in the auto market, according to the CPCA.
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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.
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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.
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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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