2023-07-05 08:43:37
China’s new energy passenger vehicle market continues to expand strongly, the China Passenger Vehicle Association said on Tuesday. and is expected to hit a record high in June
The association forecast new energy vehicle wholesale sales in China during the month. It hit a record high of 740,000, a 10% month-on-month increase and a 30% year-on-year increase. Retail sales were also around 740,000 units.
Xinhua News Agency reported that The launch of a large number of new energy vehicles in the second quarter of 2023, coupled with increased sales promotion policies from manufacturers Contributes to the potential of consumers to buy cars gradually released. which supports the continued growth of sales of such vehicles.
The association forecasts that China’s new energy vehicle sales will reach 8.5 million in 2023, and the annual penetration rate of such vehicles will reach 36 percent.
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