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China’s passenger car sales are expected to rise 4% in September year-on-year and 10.1% month-on-month to 2.1 million units. An estimate by the China Passenger Car Association (CPCA) said new enery vehicles (NEVs), mainly battery electric vehicles and plug-in hybrids, could expand its market share with a penetration rate of 52.4%…
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China vehicle sales to rise in September on stimulus measures, new models
China’s passenger car sales are expected to rise 4% in September year-on-year and 10.1% month-on-month to 2.1 million units. An estimate by the China Passenger Car Association (CPCA) said new enery vehicles (NEVs), mainly battery electric vehicles and plug-in hybrids, could expand its market share with a penetration rate of 52.4%…