China Passenger Cars Association: China passenger car retail in March: 1.647 million units, YoY -15.0%, MoM +59.4%. ICE: 795,000 units, NEV 852,000 units, NEV YoY -14.1%, penetration rate: 51.7%. Prediction for April: 1.42 million units in total, NEV: 860,000, penetration rate exceeding 60%.
5 days ago