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Cui Dongshu: In October, the wholesale sales volume of new energy passenger vehicles reached 1.37 million units, a year-on-year increase of 54%.
Cui Dongshu stated in a post that with the national call to combat overwork, terminal prices have also stabilized in the third quarter, further strengthening the scrap and replacement policy and the gradual introduction of local trade-in policies, easing consumer wait-and-see sentiment, and overall electric vehicles market heat has rebounded slightly.
Express News | China Association of Automobile Manufacturers: In October, China's auto sales increased by 7.0% year-on-year.
Cui Dongshu: In October, retail, wholesale, production, and exports all reached historically high levels for the month. The penetration rate of new energy fund reached 52.8%.
In October, the new energy fund retail increased by 7% month-on-month compared to September, reaching a new high.
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In October, the retail sales of new energy vehicles hit a new high, with a consecutive four-month market share exceeding 50%. China Association of Automobile Manufacturers: It is expected to grow by nearly 40% for the whole year.
①Caixin reporter's statistics show that in October, 14 A/H-listed vehicle companies achieved year-on-year growth, with 10 companies accounting for over 70%. ②Cui Dongshu predicts that the domestic sales volume of new energy passenger vehicles in the fourth quarter is expected to be 3.55 million units, a 39% year-on-year increase. The cumulative sales volume in 2024 is expected to be 10.68 million units, a 38% year-on-year increase.