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CPCA: CN National Pax. NEV Mkt Retail Sales Reach 2.263M Units in Nov, Down 7% YoY
Recommend 8 Positive 17 Negative 3 |
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The retail sales of national passenger car market in Mainland China reached 2.263 million units in November, reflecting a 7% decrease YoY and a 1% increase MoM, as the China Passenger Car Association (CPCA) released data citing preliminary statistics. The total retail sales so far this year reached 21.519 million units, up 6% YoY. In November, the retail sales of the national passenger NEV market reached 1.354 million units, up 7% YoY and up 6% MoM. The total retail sales for NEVs so far this year reached 11.504 million units, up 20% YoY. The retail penetration rate for passenger NEV market in November was 59.8%, while the wholesale penetration rate was 57.5%. AASTOCKS Financial News Website: www.aastocks.com |
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