Data released by the CPCA indicates that in March, the retail sales volume of new energy passenger vehicles reached 848,000 units, marking a 14.4% decrease compared to the same period last year, while showing an 82.6% increase from the previous month. From January to March, the cumulative retail sales of these vehicles amounted to 1.908 million units, representing a 21.1% decline year-on-year. During the same timeframe, retail sales of traditional fuel-powered passenger vehicles stood at 800,000 units, experiencing a 16% decrease year-on-year and a 40% increase month-on-month.
