China NEV retail sales fall 3% in first week of September as penetration reaches 71.5%
NEVs accounted for 75.1% of passenger vehicle wholesale sales during September 1-6.
NEVs accounted for 75.1% of passenger vehicle wholesale sales during September 1-6.
China’s BEV sales rose 27.8% in August, while PHEV sales fell 0.9%.
China’s passenger NEV retail sales totaled 362,000 in September 1-13, up 16% from the same period last month but down 10% from a year earlier.
Passenger NEV retail sales are expected to rise about 10.5% in September from August, with their share of total passenger car sales reaching 65.7%.
SemiDrive’s cumulative automotive chip shipments have exceeded 14 million units, with its products reaching more than 90% of Chinese automakers.
NEV retail sales totaled 596,000 from September 1-20, accounting for 67.9% of passenger car retail sales.
Chinese automakers could capture 11% of annual US new car sales by 2038 if allowed into the market, according to Mobility Global.
The event will mark the Beijing Auto Show’s first edition in an odd-numbered year.
China’s NEV retail sales totaled 827,000 in September 1-27, accounting for 65.7% of passenger car sales.
Leapmotor and Zeekr set fresh records, while Xiaomi tops 40,000 deliveries to reach its highest monthly level this year.