[CPCA: In July 1-31, the national passenger car new energy market retail sales reached 970,000 units, down 2% YoY]
The China Passenger Car Association (CPCA) released data showing that from July 1 to 31, retail sales of new energy passenger vehicles in China totaled 970,000 units, down 2% YoY and down 4% MoM, with year-to-date cumulative retail sales reaching 5.675 million units, down 12% YoY; from July 1 to 31, wholesale of new energy passenger vehicles by producers reached 1.463 million units, up 24% YoY but down 1% MoM, with year-to-date cumulative wholesale reaching 8.251 million units, up 8% YoY. From July 1 to 31, the retail penetration rate of the national new energy market was 64.4%; the wholesale penetration rate of new energy passenger vehicles by producers was 65.3%.