The penetration rate of NEVs in retail sales was 58.8 percent during the June 1-8 period, and 49.78 percent year-to-date.
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Category: CPCA
Tesla's market share in China's NEV market in May was higher than its 3.2 percent in April but lower than the 6.9 percent from the same period last year.
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BEVs sold 607,000 units in May, up 22.6 percent year-on-year, accounting for 59.5 percent of NEV sales.
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This marks the first time this year that China's NEV retail sales have returned to above 1 million units.
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In May, China's passenger NEV wholesale sales are expected to reach 1.24 million units, a year-on-year increase of 38 percent and a month-on-month increase of 9 percent.
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China's retail penetration of NEVs was 53.5 percent in the May 1-25 period, and 49.2 percent year-to-date.
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In May, China's passenger NEV retail sales are expected to be 980,000 units, with penetration at around 52.9 percent.
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China's NEV penetration at retail stood at 52.0 percent in May 1-18 and 48.8 percent year-to-date.
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China's NEV penetration at retail stood at 52.0 percent in May 1-18 and 48.8 percent year-to-date.
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China's cumulative retail sales of passenger NEVs so far this year stood at 3.618 million units, up 35 percent year-on-year.
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