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CPCA: Mainland CN NEV Retail Sales Dip 8% MoM in First 26 Days of Oct
Recommend 68 Positive 117 Negative 59 |
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In the first 26 days of October, the national retail sales of new energy passenger vehicles in Mainland China reached 901,000 units, remaining flat YoY but down 8% MoM, data released by the China Passenger Car Association (CPCA) showed. The total retail sales year to date have reached 9.771 million units, marking a 22% YoY hike. The national retail sales of passenger vehicles totaled 1.613 million units, down 7% YoY and 4% MoM. The total retail sales year to date have numbered 18.621 million units, reflecting an 8% YoY growth. During this period, the national wholesale of new energy passenger vehicles reached 1.034 million units, up 4% YoY but down 5% MoM, data also showed. The total wholesale so far this year have hit 11.48 million units, up 29% YoY. The national wholesale of passenger vehicles totaled 1.871 million units, down 1% YoY and 5% MoM. The total wholesale so far this year have reached 22.718 million units, up 12% YoY. AASTOCKS Financial News Website: www.aastocks.com |
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