Category: CPCA

Automakers’ share of China NEV market in May: BYD tops with 33.4%, Tesla 3rd with 6.9%

In the January-May period, BYD was No. 1 in China's NEV market with a 34.0 percent share, while Tesla was No. 3 with 6.7 percent.

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China NEV retail rebounds to 804,000 in May, penetration reaches record 47%

China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.

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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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