SHANGHAI, Jul 9 (SMM) – China’s sales of new energy passenger cars increased 25% month on month to 83,000 units in June, according to data from the China Passenger Car Association (CPCA) released on Thursday.
Domestic passenger vehicle market has seen gradual improvement over the past four months. On a yearly basis, however, sales of new energy passenger cars shrank 38.8% in June.
Accumulative sales in the first half of the year stood at 313,000 units, down 44% from a year ago.
Separately, CPCA data also showed that China’s sales of passenger cars, including sedans, multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs), came in at 1.66 million units in June, down 5.9% year on year while up 3.3% month on month.
Passenger car sales during the January-June period amounted to 7.71 million units, down 22.5% on the year.