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CN Apr NEV Retail Sales Hike -7% MoM/ +37% YoY
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China's passenger car market recorded a retail sales of 1.791 million units in April, up 17% YoY and down 8% MoM, while wholesale sales by manufacturers amounted to 2.174 million units, up 12% YoY and down 10% MoM, according to data released by the China Passenger Car Association (CPCA). In terms of new energy passenger cars, retail sales for April amounted to 922,000 units, up 37% YoY and down 7% MoM, with new energy market retail penetration rate of 52.3%. AAStocks Financial News |
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