Passenger Vehicle Association: National retail sales of new energy passenger vehicles reached 537,000 in the first three weeks of July, a year-on-year increase of 23%. (Note: The translation is based on the context provided and may vary slightly in a different context.)

According to the report from the China Securities and Finance APP, data released by the China Passenger Car Association shows that from July 1st to July 20th, the national new energy passenger car market sold 537,000 vehicles, an increase of 23% compared to the same period last year, but a decrease of 12% from the previous month. The national retail penetration rate of new energy passenger cars was 54.9%, with a total of 6.006 million vehicles sold so far this year, an increase of 32% year-on-year. The national wholesale of new energy passenger cars by manufacturers was 514,000 vehicles, up 25% from the same period last year, but down 12% from the previous month. The national wholesale penetration rate of new energy passenger cars by manufacturers was 53.6%, with a total of 6.962 million vehicles sold so far this year, an increase of 36% year-on-year.