What to Know About china’s NEV retail down 17% in first week of August, penetration slips to 61.6%
China’s overall passenger vehicle retail sales were 317,000 units on August 1-9, down 22% year-on-year.
China’s overall passenger vehicle retail sales were 317,000 units on August 1-9, down 22% year-on-year.
NEV retail sales totaled 399,000 units from August 1-16, with retail penetration at 63.6%.
China’s passenger NEV retail sales are expected to rise about 9.4% from July, with retail penetration reaching 65.8%.
China’s passenger NEV retail sales totaled 614,000 in August 1-23, with retail penetration rising to 64.3%.