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According to data released by the CPCA Branch, between November 1 and November 16, the retail sales volume of new energy vehicles within China's passenger car market hit 554,000 units. This figure reflects a 2% year-on-year (YoY) increase and a notable 7% surge compared to the same period in the previous month. So far this year, the cumulative retail sales volume has climbed to 10.703 million units, demonstrating a robust 21% YoY growth.
In the same timeframe, manufacturers' wholesale volume of new energy vehicles in the national passenger car market reached 618,000 units. This represents a 1% YoY increase and an impressive 17% rise compared to the corresponding period last month. Year-to-date, the cumulative wholesale volume has soared to 12.675 million units, marking a significant 28% YoY uptick.
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