Retail sales of all passenger cars in China totaled 1.11 million units in the November 1-17 period, up 30 percent from a year earlier and up 3 percent from a month earlier.
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Category: CPCA
In the January-October period, BYD was No. 1 in the NEV market with a 34.8 percent share, while Tesla was No. 3 with a 6.0 percent share.
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Retail sales of NEVs in China reached a record high in October, but NEV penetration declined slightly due to faster growth in gasoline vehicle sales.
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China's NEV penetration at retail stood at 54.38 percent in October and 46.92 percent year-to-date, according to preliminary CPCA data.
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As of now, all provinces in China have implemented the car replacement subsidy policy and brought a new wave of growth momentum to the automative market, the CPCA said.
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China's retail penetration of NEVs was 52.2 percent in October 1-27, and 46.46 percent year-to-date.
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In October, retail sales of passenger NEVs in China are expected to be at 1.15 million units, up 49 percent year-on-year and up 2.4 percent compared with September, according to estimates released today by the CPCA.
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China's NEV retail sales slowed last week, dragging down the month-to-date performance.
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China's NEV retail penetration rate was 49.57 percent in the October 1-13 period, and 45.98 percent year-to-date.
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In the January-September period, BYD was No. 1 in the NEV market in China with a 34.6 percent share, while Tesla was No. 3 with a 6.5 percent share.
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