Passenger vehicle retail sales in China in October this year are expected to amount to 2.2 million units, up 8.2 percent year on year, while increasing by 4.3 percent month on month, according to the preliminary statistics of the China Passenger Car Association (CPCA).
In October, new energy passenger vehicle retail sales are anticipated to total 1.15 million units, up 2.4 percent month on month, with the market penetration of NEVs estimated to reach 52.3 percent in the given period.