CPCA: CN Retail Sales in Pax Car New Energy Mkt in First 12 Days of Apr Fall 11% YoY
In the first 12 days of April, China's retail sales in the passenger vehicle market amounted to 377,000 units, down 20% YoY, 12% lower than the same period last month, according to data released by the China Passenger Car Association (CPCA). Total retail sales YTD reached 4.598 million units, down 18% YoY.
Over the same period, the nationwide retail sales in the passenger car new energy market amounted to 224,000 units, down 11% YoY, but up 7% from that in the same period last month. The retail penetration rate was 59.5%, while manufacturer new energy wholesale penetration rate was 53.2%.
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AASTOCKS Financial News
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| SG Top Picks |
| Stock & Type |
Code |
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Last |
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27625 |
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0.114 |
5.4 X |
| GEELY (C) |
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| BYD (C) |
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| BYD (C) |
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7.8 X |
| BYD (Bull) |
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91.6 (93) |
0.071 |
13.8 X |
| BYD (Bull) |
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89.1 (90.5) |
0.097 |
10.1 X |
| BYD (Bear) |
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113.4 (112) |
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5.0 X |
| XIAOMI (C) |
27542 |
35.9 (-) |
0.122 |
2.9 X |
| XIAOMI (Bull) |
56598 |
30.1 (30.5) |
0.040 |
15.9 X |
| XIAOMI (Bull) |
55499 |
29.1 (29.5) |
0.061 |
10.4 X |
| XIAOMI (Bear) |
63508 |
35.4 (35) |
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10.3 X |
| XIAOMI (Bear) |
65348 |
34.4 (34) |
0.022 |
14.5 X |
| LI (C) |
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4.2 X |
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0.156 |
4.5 X |
| LI (Bull) |
54259 |
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0.155 |
4.8 X |
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55810 |
54 (58) |
0.206 |
3.6 X |
| LI (Bear) |
62825 |
84 (80) |
0.100 |
7.4 X |
| NIO (C) |
23183 |
56.93 (-) |
0.065 |
5.4 X |
| XPENG (C) |
27975 |
78.93 (-) |
0.121 |
2.7 X |
| XPENG (Bull) |
68275 |
57 (58.5) |
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10.2 X |
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11134 |
490 (-) |
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4.7 X |
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