Category: CPCA Estimates

China May NEV wholesale at 910,000, up 16% from Apr, CPCA estimates show

In May, the start of car trade-in subsidies and the cooling of price wars have stimulated spending among groups that were previously on the sidelines, the CPCA said.

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CPCA expects China’s May NEV retail at 770,000, penetration at record 46.6%

China's overall passenger vehicle retail sales in May is expected to be around 1.65 million units, down 5.3 percent year-on-year, the CPCA said.

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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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