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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Category: CPCA
China's passenger car retail sales fell in July from June, but the NEV market was bolstered by fast-growing sales of hybrid models, the CPCA said.
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China's retail penetration of NEVs stood at 49.35 percent in the July 1-21 period, and 42.45 percent year-to-date.
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China's NEV retail penetration was 49.48 percent in July 1-14, and 42.23 percent year-to-date.
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China's NEV retail penetration stood at 47.44 percent in July 1-7, and 41.95 percent year-to-date.
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In the first half of 2024, BYD was No. 1 in China's NEV market with a 33.8 percent share, while Tesla was No. 3 with a 6.8 percent share.
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Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
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China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.
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In June, price wars in China's auto market cooled down, spurring consumer sentiment among groups that had been on the sidelines, the CPCA said.
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China's NEV retail penetration was 49.12 percent for June 1-23, and 41.36 percent year-to-date.
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