The domestic NEV market continued to recover, while sales of gasoline cars extended decline on a YoY basis.
In the ninth week of the year (Feb 27-Mar 5), the sales of new energy passenger vehicles were 116,600 units, up 24.4% YoY and 3.7% WoW, while sales of gasoline passenger vehicles were 234,600 units, down 13% YoY and up 4.1% WoW.
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