Smart and Sustainable Electric Mobility
China's retail penetration of NEVs was 41.6 percent in March, up 5.8 percentage points from 35.8 percent in February.
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China's retail sales of all passenger vehicles totaled 1.699 million units in March, up 7 percent year-on-year and up 54 percent from February.
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China's retail sales of all passenger vehicles totaled 1.699 million units in March, up 7 percent year-on-year and up 54 percent from February.
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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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China's retail penetration of NEVs was 47.67 percent in the March 1-24 period.
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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 NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.
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Retail penetration of NEVs in China rebounded to 43.38 percent in the March 1-10 period.
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In the January-February period, BYD topped China's NEV market with a 30.8 percent share, while Tesla came in fourth with 6.6 percent.
The post Automakers' share in China's NEV market in Feb: BYD tops with 30.6%, Tesla 3rd with 7.8% appeared first on CnEVPost.
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Retail penetration of NEVs in China was 35.8 percent in February, up 2.9 percentage points from 32.8 percent in January.
The post China's NEV retail at 388,000 in Feb, down 42.1% from Jan appeared first on CnEVPost.
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