- From December 1 to 21, China's overall passenger vehicle retail sales totaled 1.3 million units, down 19 percent year-on-year.
- Year-to-date, China's passenger NEV cumulative retail sales reached 12.26 million units, up 18 percent year-on-year.
China's new energy vehicle (NEV) retail sales so far this month narrowly achieved growth, following an improvement in performance last week.
From December 1-21, China's passenger NEV retail sales came in at 788,000 units, up 1 percent year-on-year and up 3 percent month-on-month, according to data released today by the China Passenger Car Association (CPCA).
For reference, retail sales from December 1-14 stood at 476,000 units, down 4 percent year-on-year.
Year-to-date, China's cumulative passenger NEV retail sales totaled 12.26 million units, up 18 percent year-on-year.
Wholesale sales of China's passenger NEVs from December 1-21 totaled 782,000 units, down 10 percent year-on-year and down 12 percent month-on-month.
Year-to-date, China's cumulative passenger NEV wholesale sales were 14.54 million units, up 25 percent year-on-year.
From December 1-21, China's overall passenger vehicle retail sales totaled 1.3 million units, down 19 percent year-on-year but up 5 percent month-on-month.
Year-to-date, China's cumulative retail sales of all passenger vehicles reached 22.78 million units, a 4 percent increase compared to the same period last year.
This indicates that NEVs' retail penetration rate in China reached 60.6 percent during December 1-21 and 53.8 percent year-to-date.
During the first week of December, December 1-7, China's average daily passenger vehicle retail sales were 42,468 units, down 32 percent year-on-year and down 8 percent month-on-month.
During the second week of December, December 8-14, China's average daily passenger vehicle retail sales were 66,629 units, down 17 percent year-on-year but up 9 percent compared to the same period last month.
In the third week of December, December 15-21, China's average daily passenger vehicle retail sales were 76,551 units, down 11 percent year-on-year but up 9 percent compared to the same period last month.
From December 1 to 21, China's total passenger vehicle wholesale sales came in at 1.302 million units, down 23 percent year-on-year and down 13 percent month-on-month.
From December 1 to 7, China's average daily wholesale sales of passenger vehicles were 42,525 units, down 40 percent year-on-year and down 18 percent month-on-month.
From December 8-14, China's average daily passenger vehicle wholesale sales were 62,271 units, down 22 percent year-on-year and down 13 percent month-on-month.
From December 15-21, China's average daily passenger vehicle wholesale sales reached 81,144 units, down 9 percent year-on-year and down 11 percent month-on-month.
Year-to-date, China's passenger vehicle wholesale sales reached 28.07 million units, up 9 percent compared to the same period last year.
China's overall passenger car retail sales in December are projected to come in at about 2.3 million units, marking a year-on-year decline of 12.7 percent.
