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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Category: CPCA
China NEV retail at 722,000 in Jul 1-28, down 5% from same period last month
China's retail penetration of NEVs stood at 51.86 percent in the July 1-28 period, and 43.05 percent year-to-date.
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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 NEV retail at 461,000 in Jul 1-21, down 2% from same period last month
China's retail penetration of NEVs stood at 49.35 percent in the July 1-21 period, and 42.45 percent year-to-date.
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China NEV retail at 286,000 in Jul 1-14, up 6% from same period last month
China's NEV retail penetration was 49.48 percent in July 1-14, and 42.23 percent year-to-date.
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China NEV retail at 130,000 in Jul 1-7, up 3% from same period last month
China's NEV retail penetration stood at 47.44 percent in July 1-7, and 41.95 percent year-to-date.
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Automakers’ share of China NEV market in Jun: BYD tops with 32.7%, Tesla 3rd with 6.9%
In the first half of 2024, BYD was No. 1 in China's NEV market with a 33.8 percent share, while Tesla was No. 3 with a 6.8 percent share.
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China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%
Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
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China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show
China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.
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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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