In February, China's retail sales of all passenger vehicles totaled 1.092 million units, down 21 percent year-on-year and down 47 percent from January.
The post China's Feb NEV retail sales down 41% MoM to 401,000, preliminary CPCA data show appeared first on CnEVPost.
For more articles, please visit CnEVPost.
February sales in China's auto market are expected to be the lowest of the year, the CPCA said.
The post China's Feb NEV wholesale at 450,000, down 34% from Jan, CPCA estimates show appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Retail sales of all passenger vehicles in China for the period February 1-25 were 861,000 units, down 25 percent year-on-year and down 43 percent from the same period last month.
The post China's NEV retail at 283,000 in Feb 1-25, down 44% from same period last month appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Retail sales of all passenger vehicles in China for the period February 1-25 were 861,000 units, down 25 percent year-on-year and down 43 percent from the same period last month.
The post China's NEV retail at 283,000 in Feb 1-25, down 44% from same period last month appeared first on CnEVPost.
For more articles, please visit CnEVPost.
China's auto market saw seasonal weakness in February as the 2024 Lunar New Year holiday fell in mid-February, the CPCA noted.
The post CPCA expects China's Feb NEV retail sales at 380,000, down 43% from Jan appeared first on CnEVPost.
For more articles, please visit CnEVPost.
China's NEV sales declined significantly in the first three weeks of February, mainly due to the Chinese New Year holiday.
The post China's NEV retail at 165,000 in Feb 1-17, down 44% from same period last month appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until a new landscape is formed, said Cui Dongshu of the CPCA.
The post Price war in China's passenger car market to remain fierce in 2024, says CPCA secretary-general appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Among the top 5, Tesla only produces BEVs, while the other automakers produce both BEVs and PHEVs.
The post Automakers' share of China's NEV market in Jan: BYD tops with 31%, Tesla 5th with 6% appeared first on CnEVPost.
For more articles, please visit CnEVPost.
China's NEV penetration at retail was 32.8 percent in January, down 7.5 percentage points from 40.3 percent in December.
The post China's NEV retail at 668,000 in Jan, down 29.5% from Dec appeared first on CnEVPost.
For more articles, please visit CnEVPost.
This means that the penetration of passenger NEVs at retail was 32.8 percent in January, down from 40.2 percent in December.
The post China's NEV retail sales down 29% MoM to 670,000 in Jan, preliminary CPCA data show appeared first on CnEVPost.
For more articles, please visit CnEVPost.