Passenger vehicle retail sales in China are expected to amount to 1.15 million units in February this year, decreasing by 43.5 percent month on month, according to the China Passenger Car Association (CPCA).
At the same time, new energy passenger vehicle retail sales in China are estimated to total 380,000 units in February this year, down 43.0 percent month on month, accounting for a market share of 33.0 percent.