Category: CPCA Estimates

China Apr NEV wholesale at 800,000, down 2% from Mar, CPCA estimates show

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.

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China’s Mar NEV wholesale at 820,000, up 84% from Feb, CPCA estimates show

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.

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CPCA estimates China’s Mar NEV retail sales at 750,000, up 93.2% from Feb

The NEV penetration rate is expected to reach a record 45.5 percent in March as it reversed the pre-holiday slump and rose rapidly, the CPCA said.

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China’s Jan NEV wholesale at 700,000, down 37% from Dec, CPCA estimates show

China's January wholesale sales of passenger NEVs are expected to be 700,000 units, up 80 percent year-on-year, but down 37 percent from December, the CPCA said.

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CPCA expects China’s Jan NEV retail sales to be 800,000 units, 15.3% lower than Dec

China's passenger car retail sales are estimated to be around 2.2 million units in January, down 6.5 percent from December.

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China’s Dec NEV wholesale sales at record 1.13 million units, CPCA estimates show

Preliminary estimates show that for the full year 2023, China's wholesale sales of passenger NEVs were 8.88 million units, a year-on-year increase of 38 percent, according to the CPCA.

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