You are here: Home > Steel News > Latest Steel News > NEV...

NEV wholesale sales in China estimated at 1.228 million units in Sept

Thursday, 10 October 2024 09:39:27 (GMT+3)   |   Shanghai
       

New energy vehicle (NEV) wholesale sales in China are estimated to have reached 1.228 million units in September this year, up 48.0 percent year on year, while rising by 17.0 percent month on month, according to the China Passenger Car Association (CPCA).

According to the CPCA, sales in the NEV market showed a strong trend in the traditional peak season of September, while the volume of vehicle scrapping and renewal has risen sharply in recent months, reflecting the encouraging effects of official policy.

The CPCA has forecast that the market penetration rate of NEVs will likely continue to exceed 50 percent in September.


Similar articles

NEV wholesale sales in China estimated at 1.4 million units in October

05 Nov | Steel News

Heavy truck sales in China down 22 percent in October

05 Nov | Steel News

CAAM: China's NEV sales increase by 32.5 percent in January-September

16 Oct | Steel News

CAAM: China's auto vehicle sales up 2.4 percent in January-September

14 Oct | Steel News

Heavy truck sales in China down 32 percent in September

08 Oct | Steel News

CAAM: China's NEV sales increase by 30.9 percent in January-August

12 Sep | Steel News

CAAM: China's auto vehicle sales up three percent in January-August

12 Sep | Steel News

NEV wholesale sales in China estimated at 1.05 million units in Aug

03 Sep | Steel News

China Auto Dealer Inventory Warning Index at 56.2 percent in August

03 Sep | Steel News

Heavy truck sales in China down 18 percent in August

02 Sep | Steel News