Passenger vehicle retail sales in China reached 1.046 million units in the May 1-21 period this year, up 41.0 percent year on year, while rising by 10.0 percent month on month, according to the China Passenger Car Association (CPCA).
In the current year up to May 21, passenger vehicle retail sales in China amounted to 6.941 million units, up 3.0 percent year on year.
In the May 1-21 period, new energy passenger vehicle retail sales totaled 372,000 units, up 109.0 percent year on year, while rising by 13.0 percent month on month.
In the current year up to May 21, new energy passenger vehicle retail sales reached 2.215 million units, up 44.0 percent year on year.