Smart and Sustainable Electric Mobility
China's passenger NEV retail sales stood at 596,000 units in January 1-28, up 92 percent from a year earlier but down 24 percent from a month earlier, data from the CPCA showed. (Image credit: CnEVPost) China's new energy vehicle (NEV) sales were weak in the first four weeks of January and don't appear to be […]
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China's NEV sales performance didn't continue to deteriorate last week, despite the beginning of the year usually is a low point for sales.
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China's passenger car retail sales are estimated to be around 2.2 million units in January, down 6.5 percent from December.
The post CPCA expects China's Jan NEV retail sales to be 800,000 units, 15.3% lower than Dec appeared first on CnEVPost.
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China's NEV sales performed even worse at retail last week, leading to a significant drop in sales in the first half of the month compared to the same period in December.
The post China NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month appeared first on CnEVPost.
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In the first week of January, China's NEV retail sales were down 12 percent from the same period in December, while NEV wholesale sales were down 35 percent.
The post China NEV retail sales at 114,000 in Jan 1-7, down 12% from same period last month appeared first on CnEVPost.
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BYD ranks No. 1, Tesla No. 2, and Nio No. 9 in terms of NEV market share in China in 2023.
The post Automakers' NEV market share in China in 2023: BYD 35%, Tesla 7.8%, Nio 2.1% appeared first on CnEVPost.
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China's retail penetration of passenger NEVs was 39.6 percent in December and 35.7 percent in 2023, according to preliminary CPCA data.
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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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China's passenger NEV retail sales stood at 7.375 million units so far this year, up 34 percent year-on-year.
The post China NEV retail sales at 567,000 in Dec 1-24, up 10% from same period last month appeared first on CnEVPost.
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China's NEV penetration at retail is expected to be around 41.4 percent in December, up from 40.4 percent in November.
The post CPCA expects China's NEV retail sales at 940,000 in Dec, up 11.8% from Nov appeared first on CnEVPost.
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