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CN NEV-PV Retail Sales Drop 4% YoY in 1st 2 Wks of Dec: CPCA
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In the first two weeks of December, retail sales in China's new energy passenger vehicle (NEV-PV) market reached 476,000 units, down 4% YoY but up 1% MoM, according to data released by the China Passenger Car Association (CPCA).

So far this year, the cumulative retail sales have reached 11.948 million units, representing an 18% YoY growth, with NEVs achieving a penetration rate of 62.3% in the passenger vehicle market.

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