Close Menu
    What's Hot

    Ferrari’s EV ‘Shifting’ Won’t Work Like Gears. They’re ‘Power Levels’ Instead

    October 14, 2025

    Why Do So Many Cars Have Split Headlights?

    October 14, 2025

    BYD launches two new models in Cambodia

    October 14, 2025
    Facebook X (Twitter) Instagram
    Intelligent EV News
    Facebook X (Twitter) Instagram YouTube
    • Home
    • EV Cars
    • Best EV Cars
    • EV Reviews
    • EV Models
    • EV Cars News
    • About us
    Intelligent EV News
    Home»EV Cars»CPCA expects China Sept NEV retail sales to be record 750,000 units
    EV Cars

    CPCA expects China Sept NEV retail sales to be record 750,000 units

    adminBy adminSeptember 22, 2023No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email
    Share
    Facebook Twitter Pinterest Reddit WhatsApp Email


    China’s NEV penetration at retail is expected to be around 37.9 percent in September, up from 37.3 percent in August.

    CPCA expects China Sept NEV retail sales to be record 750,000 units-CnEVPost

    China’s new energy vehicle (NEV) sales are on track to hit a record high for the second consecutive month in September, after a slight dip in sales in July.

    In September, retail sales of China’s passenger NEVs are expected to be around 750,000 units, up 22.3 percent year-on-year and up 4.7 percent from August, the CPCA estimates released last night showed.

    The figure means that China’s passenger NEV retail sales are expected to continue to reach a record high in September, following the 716,000 units sold in August. The CPCA is expected to release preliminary data on September NEV sales early next month, and final figures in the middle of next month.

    Survey shows that major automakers, which contribute about 80 percent of passenger car sales, saw their retail targets increase at the beginning of September compared with the same period last year and the previous month, the CPCA said.

    According to preliminary projections, China’s passenger car sales are expected to be at around 1.98 million units in September, up 3.1 percent from August and up 3.0 percent year-on-year, the CPCA said.

    CPCA expects China Sept NEV retail sales to be record 750,000 units-CnEVPost

    This means that the penetration rate of NEVs at retail is expected to be around 37.9 percent in September, up from 37.3 percent in August.

    CPCA expects China Sept NEV retail sales to be record 750,000 units-CnEVPost

    Sentiment in China’s auto market did not wane in September, but it should be noted that price-sensitive consumers are once again in a wait-and-see mood, with a tendency to delay car purchases as discounts at stores continue, the CPCA said.

    The survey showed that the overall discount rate for passenger cars in China was about 18.2 percent in mid-September, down slightly from mid-August, the CPCA said.

    The average daily retail sales of major automakers were 43,900 in the first week of September and 52,200 in the second week.

    In the third week, average daily retail sales are expected to rise to 58,600, up 7.0 percent year-on-year. This is mainly due to the upward pulse in quarter-end sales by carmakers, as well as consumers releasing demand ahead of the Mid-Autumn Festival as well as the National Day holiday, according to the CPCA.

    In the fourth week, with the long holidays approaching and fewer weekdays compared to the same period of last year, daily retail sales are expected to average 127,600 units, down 5.5 percent year-on-year, according to the CPCA.

    China NEV retail sales in Sept 1-17 at 313,000, up 8% from same period last month





    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleBuy or lease a Hyundai EV, get a free home charger and installation
    Next Article The Great NACS Mega-Flood Continues With A Tesla-Jaguar Deal
    admin
    • Website

    Related Posts

    BYD launches two new models in Cambodia

    October 14, 2025

    Here’s our first look at the Genesis GV70 EREV [Video]

    October 8, 2025

    Tesla beats expectations with record 497,099 global deliveries in Q3

    October 2, 2025

    Hyundai’s 24-hour ‘Rest Drive’ lets you feel how smooth EVs drive

    September 26, 2025

    Nio launches Horizon Edition of ET9 sedan to ramp up efforts in ultra-premium market

    September 20, 2025

    107 global partners back XCMG push to electrify mining

    September 14, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    The Audi A4 Will Be Back—But It’s Going Electric

    October 8, 20251 Views

    Audi’s Best-Selling Car Last Quarter Was Electric

    October 2, 20250 Views

    The Lotus Esprit V8 Returns With a Carbon Fiber Body and an Insane Price Tag

    October 2, 20250 Views

    Tesla beats expectations with record 497,099 global deliveries in Q3

    October 2, 20251 Views

    Dongfeng EV unit Voyah files for Hong Kong listing, sees 1st quarterly profit in Q4 2024

    October 2, 20251 Views

    BYD Sept sales breakdown: Qin 67,577 units, Sealion 54,065

    October 2, 20250 Views
    Don't Miss
    EV Models

    Automakers’ NEV market share in China in 2023: BYD 35%, Tesla 7.8%, Nio 2.1%

    By adminJanuary 10, 2024

    BYD ranks No. 1, Tesla No. 2, and Nio No. 9 in terms of NEV…

    Here’s how the strict new EPA rule could impact US EV sales

    May 4, 2023

    The 2026 Lotus Emira Is Better. But It’s Also Pricier

    August 1, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    • LinkedIn

    Subscribe to Updates

    Get the latest on EVs and everything you want to know on what's happening in Electric Car's world. Updated delivered straight to your mailbox. Subscribe to our newsletter.

    Our Picks

    Watching Wonder Woman 1984 with an HBO Max Free Trial?

    January 13, 2021

    Wonder Woman Vs. Supergirl: Who Would Win

    January 13, 2021

    PS Offering 10 More Games for Free, Including Horizon Zero

    January 13, 2021

    Can You Guess What Object Video Game Designers Find Hardest to Make?

    January 13, 2021
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    EV Cars News

    Ferrari’s EV ‘Shifting’ Won’t Work Like Gears. They’re ‘Power Levels’ Instead

    By adminOctober 14, 2025

    Hyundai introduced the concept of simulated “shifting” in EVs. The riotous Ioniq 5 N simulates…

    Why Do So Many Cars Have Split Headlights?

    October 14, 2025

    BYD launches two new models in Cambodia

    October 14, 2025

    Li Auto Sept deliveries breakdown: EREVs continue steep decline, Mega hits record high

    October 14, 2025
    About Us
    About Us

    Intelligent Ev News your go-to source for the latest news and insights on electric vehicles(EVs). Whether you're a car enthusiast or just curious about the future of transportation, we have you covered with up-to-the-minute coverage of the electric vehicle industry.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    Ferrari’s EV ‘Shifting’ Won’t Work Like Gears. They’re ‘Power Levels’ Instead

    October 14, 2025

    Why Do So Many Cars Have Split Headlights?

    October 14, 2025

    BYD launches two new models in Cambodia

    October 14, 2025
    GAllery

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.