China October NEV retail sales fall 10% year-on-year to 1.148 million, CPCA preliminary data shows
Preliminary CPCA data shows China's October passenger NEV retail sales fell 10% year-on-year to 1.148 million units, though they rose 6% from September. The NEV retail penetration rate hit a record 67.8%, even as overall passenger car retail sales dropped 25% year-on-year.