NewsFlash / Cobalt & Lithium / China's Passenger Vehicle Sales Surge 16% YoY in First 25 Days of May
China's Passenger Vehicle Sales Surge 16% YoY in First 25 Days of May
iconMay 30, 2025 09:07
Source:SMM
[CPCA: From May 1 to 25, nationwide passenger vehicle market retail sales reached 1.358 million units, up 16% YoY] According to CPCA data, from May 1 to 25, nationwide passenger vehicle market retail sales reached 1.358 million units, a 16% increase compared to the same period in May last year and a 9% increase MoM. Cumulative retail sales since the beginning of the year reached 8.23 million units, up 9% YoY. From May 1 to 25, nationwide new energy passenger vehicle market retail sales reached 726,000 units, a 31% increase compared to the same period in May last year and an 11% increase MoM. The retail penetration rate of the nationwide new energy market was 53.5%. Cumulative retail sales since the beginning of the year reached 4.05 million units, up 35% YoY.

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