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CPCA: Prelim Statistics Show 17% YoY Hike/ 8% MoM Rise in CN Oct's Sales of Pax. NEVs
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The retail sales of passenger vehicles in Mainland China reached 2.387 million units in October, marking a 6% YoY hike and a 7% MoM rise, the China Passenger Car Association (CPCA) cited preliminary statistics. The aggregate retail sales so far this year have reached 19.395 million units, representing a 9% YoY growth. Specifically, the retail sales of passenger NEVs totaled 1.4 million units, with a 17% YoY increase and an 8% MoM upswing. The total retail sales for passenger NEVs so far this year have hit 10.27 million units, showing a 23% YoY increment. AASTOCKS Financial News Website: www.aastocks.com |
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