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CN Jan NEV-PV Mkt Retail Sales Fall 20% YoY: CPCA
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In January 2026, China's passenger vehicle market recorded retail sales of 1.544 million units, representing a YoY decrease of 13.9%, according to data released by the China Passenger Car Association (CPCA). During the period, the production and retail sales of new energy passenger vehicles (NEV-PVs) dropped by 0.6% and 20% YoY to 938,000 and 596,000 units, while the retail sales of conventional fuel passenger vehicles slipped by 10% YoY to 948,000 units. AAStocks Financial News |
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