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CPCA Forecasts CN Jun NEV Retail Sales to Hit 1.1M Units, Penetration Rate to Rebound to 55%
The China Passenger Car Association (CPCA) forecasted that the retail scale of narrowly defined passenger vehicles (PVs) in China would reflect a continuous market recovery by reac...
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CPCA Forecasts CN Jun NEV Retail Sales to Hit 1.1M Units, Penetration Rate to Rebound to 55%
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The China Passenger Car Association (CPCA) forecasted that the retail scale of narrowly defined passenger vehicles (PVs) in China would reflect a continuous market recovery by reaching around 2 million units with a YoY growth of 13.4% in June 2025.

Meanwhile, it is estimated that 1.1 million new energy vehicles (NEVs) will be retailed in June, up 3.2% MoM, with the penetration rate rebounding to 55%, highlighting the strengthening dominance of electric vehicles and shoring up the overall industry recovery trend.

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