- Retail sales of Chinese NEVs were lower earlier this month compared to the same period last month, partly due to the impact of a public holiday.
- China’s NEV penetration at retail was 53.81 percent from April 1-6 and 47.47 percent year-to-date.
China’s new energy vehicle (NEV) sales were lower at the beginning of the month compared to the same period last month, partly due to a public holiday.
Retail sales of new energy vehicles (NEVs) in China were 113,000 units in the April 1-6 period, up 17 percent from a year earlier but down 17 percent from a month earlier, according to data released today by the China Passenger Car Association (CPCA).
April 4 Friday marked this year’s Qingming Festival in China, with April 4-6 being a public holiday.
So far this year, cumulative retail sales of China’s passenger NEVs were 2,533,000 units, up 35 percent from a year ago.
Wholesale sales of China’s passenger NEVs were 120,000 units from April 1-6, up 25 percent from a year ago but down 16 percent from a month ago, according to the CPCA.
So far this year, China’s cumulative wholesale sales of passenger NEVs were 2.968 million units, up 42 percent year-on-year.
Retail sales of all passenger vehicles in China were 210,000 units for April 1-6, up 2 percent compared to the same period last year but down 14 percent from the same period last month.
Cumulative retail sales of all passenger vehicles in China so far this year were 5.336 million units, up 6 percent year-on-year.
This means that China’s NEV penetration at retail was 53.81 percent from April 1-6 and 47.47 percent year-to-date.
In the first week of April — April 1-6, China’s average daily retail sales of all passenger vehicles were 34,918.
In April 1-6, China’s all passenger vehicle wholesale sales were 212,000 units, up 11 percent compared to the same period last year, but 21 percent lower than the same period last month.
In the first week of April — April 1-6, average daily wholesale sales of all passenger vehicles in China were 35,406.
Year-to-date wholesale sales of passenger vehicles in China were 6.49 million units, up 11 percent compared to the same period last year.
Nio Inc’s insurance registrations last week stood at 2,500 units, down 43.18 percent from 4,400 units in the previous week.
