China’s wholesale & retail sales of new energy vehicles rise in Aug
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Update time : 2023-09-11 16:57:41
According to the China Passenger Car Association, China’s wholesale sales volume of new energy passenger vehicles reached 798,000 units in August, rising by 8.2% compared to the previous month and by 25.6% from the same month a year ago.
In the first eight months of this year, the cumulative wholesale sales volume amounted to around 5.08 million tons, a year-on-year increase of 39%.
In terms of retail sales, the volume reached 716,000 units in July, a month-on-month hike of 12% and a year-on-year growth of 34.5%. The retail sales in the first eight months of the year totaled around 4.44 million units, a year-on-year increase of 36%.
In August, China exported 78,000 new energy passenger vehicles, down by 11.8% month on month and up by 1.7% year on year. The exports accounted for 24% of the total export volume of passenger vehicles.
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