China's retail penetration of NEVs was 41.6 percent in March, up 5.8 percentage points from 35.8 percent in February.
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China's retail sales of all passenger vehicles totaled 1.699 million units in March, up 7 percent year-on-year and up 54 percent from February.
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Both production and sales of passenger vehicles increased significantly in March from February as industries quickly turned to normal operations after the Chinese New Year holiday, the CPCA said.
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China's retail penetration of NEVs was 47.67 percent in the March 1-24 period.
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The NEV penetration rate is expected to reach a record 45.5 percent in March as it reversed the pre-holiday slump and rose rapidly, the CPCA said.
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China's NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.
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China's NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.
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Retail penetration of NEVs in China rebounded to 43.38 percent in the March 1-10 period.
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In the January-February period, BYD topped China's NEV market with a 30.8 percent share, while Tesla came in fourth with 6.6 percent.
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Retail penetration of NEVs in China was 35.8 percent in February, up 2.9 percentage points from 32.8 percent in January.
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