China’s retail penetration of NEVs was 38.7 p.c within the December 1-17 interval, and 35.3 p.c year-to-date.
(Picture credit score: CnEVPost)
China’s retail gross sales of passenger new vitality automobiles (NEVs) had been 365,000 models from December 1 to December 17, up 15 p.c from a yr earlier and up 4 p.c from the identical interval final month, based on knowledge launched in the present day by the China Passenger Automotive Affiliation (CPCA).
Up to now this yr, retail gross sales of passenger NEVs in China amounted to 7.173 million models, up 34 p.c year-on-year.
From December 1 to December 17, China’s wholesale gross sales of passenger NEVs had been 404,000 models, up 23 p.c from the identical interval final yr and up 6 p.c from the identical interval in November, based on the CPCA.
Up to now this yr, China’s passenger NEV wholesale gross sales had been 8.177 million models, up 34 p.c from a yr earlier.
From December 1 to December 17, China’s retail gross sales of all passenger automobiles stood at 942,000 models, up 4 p.c in contrast with the identical interval final yr and up 11 p.c from the identical interval final month, the CPCA mentioned.
Up to now this yr, retail gross sales of passenger vehicles in China are up 5 p.c to twenty.287 million models.
Which means China’s NEV penetration at retail was 38.7 p.c in December 1-17, and 35.3 p.c to this point this yr.
Within the first week of December — December 1-10 — common each day retail gross sales of passenger vehicles in China had been 47,485, up 7 p.c from a yr in the past and up 8 p.c from the identical interval final month, based on the CPCA. The determine was barely revised upward from the 47,475 models introduced by the CPCA final week.
Within the second week of December — December 11-17 — common each day retail gross sales of passenger vehicles in China had been 66,770, up 2 p.c from a yr earlier and up 14 p.c from the identical interval final month.
From December 1-17, China’s passenger automotive wholesale gross sales amounted to 964,000 models, up 13 p.c from the identical interval final yr and up 4 p.c from the identical interval final month. Cumulative year-to-date wholesale gross sales amounted to 23.78 million models, a rise of 9 p.c from the identical interval final yr.
Within the first week of December, China’s passenger automotive wholesale gross sales averaged 45,682 models per day, up 9 p.c from a yr in the past whereas down 4 p.c from a month in the past, based on the CPCA. The determine was revised down barely from the 45,690 models reported final week.
Within the second week of December, common each day wholesale gross sales of passenger vehicles in China had been 72,522 models, up 17 p.c from a yr earlier and up 13 p.c from a month earlier.
China EV insurance coverage registrations for week ending Dec 17: Nio 3,400, Xpeng 4,800, Li Auto 11,300, Tesla 18,300