Data released by the CPCA on July 15 showed that from July 1 to 12, retail sales of passenger vehicles in China reached 443,000 units, down 15% year-on-year; new energy vehicle retail sales stood at 280,000 units, down 8% year-on-year, with a penetration rate of 63.1%. During the same period, manufacturers' wholesale volumes reached 379,000 units, down 26% year-on-year; new energy vehicle wholesale volumes stood at 262,000 units, down 9% year-on-year, with a wholesale penetration rate of 69.1%.
