From April 1st to 30th, the retail sales of passenger vehicles in China's market totaled 1.791 million units, marking a 17% increase year-on-year but an 8% decline compared to the previous month. Year-to-date, cumulative retail sales have reached 6.918 million units, up 9% from the same period last year. Concurrently, 922,000 new energy vehicles were sold in the retail market during the same period, representing a 37% year-on-year growth and a 7% decrease from the previous month. This translates to a penetration rate of 52.3%. Since the start of the year, cumulative retail sales of new energy vehicles have surpassed 3.342 million units, a 37% increase year-on-year.
