China Passenger Car Association: National new energy vehicle market retail sales reached 728,000 units in the first four weeks of April, a year-on-year increase of 24%.

date
30/04/2025
According to the information obtained from the Intelligence Financial APP, data released by the China Passenger Car Association showed that from April 1st to April 27th, the national new energy passenger car market retail sales reached 728,000 units, a 24% increase compared to the same period last year. However, it decreased by 10% compared to the previous month. The national retail penetration rate of new energy vehicles was 52.3%, with a total of 3.148 million units sold since the beginning of the year, a 33% increase compared to the same period last year. Meanwhile, the national passenger car manufacturers' wholesale of new energy vehicles reached 846,000 units, a 25% increase compared to the same period last year. However, it decreased by 6% compared to the previous month. The wholesale penetration rate of new energy vehicles by manufacturers was 53.9%, with a total of 3.695 million units wholesaled since the beginning of the year, a 38% increase compared to the same period last year.