China's wholesale sales of passenger NEVs are expected to come in at 1.05 million units in August, which would be the first time this year that they have exceeded 1 million units.
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Category: CPCA
China's NEV retail penetration was 55.1 percent in the August 1-25 period, and 44.3 percent year-to-date.
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China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.
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China's NEV retail penetration rate was 54.02 percent in August 1-18, and 43.92 percent year-to-date.
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China's NEV retail penetration rate was 52.59 percent in August 1-11, and 36.29 percent year-to-date.
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In the January-July period, BYD was No. 1 in the NEV market by retail with a 34.1 percent share, while Tesla was No. 3 with a 6.5 percent share.
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China's retail penetration of NEVs reached a record 51.1 percent in July, the first time it has exceeded the 50 percent mark, meaning that for the first time, NEVs overtook conventional gasoline vehicles in new car sales.
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China's NEV penetration at retail stood at 50.84 percent in July, the first time in history it has exceeded 50 percent, according to preliminary CPCA data.
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July was traditionally a slow production season, while a lack of demand and extreme weather in some regions led to overall weakness in the auto market, according to the CPCA.
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China's retail penetration of NEVs stood at 51.86 percent in the July 1-28 period, and 43.05 percent year-to-date.
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