China's NEV Retail Sales Down 7% YoY in June, Wholesale Up 22%
According to preliminary statistics from the China Passenger Car Association (CPCA), in the national passenger car market in June, retail volume of new energy vehicles reached 1.037 million units, down 7% YoY. Cumulative figures this year show that new energy vehicle retail volume totaled 4.734 million units, down 13% YoY. Wholesale side, new energy vehicle wholesale volume reached 1.506 million units in June, up 22% YoY; while cumulative wholesale volume this year reached 6.812 million units, up 6% YoY.