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CPCA: China's Oct New Energy Vehicle Retail Sales Fall 13.7% YoY
2026-11-09 14:52:06 The China Passenger Car Association (CPCA) announced that retail sales in China's passenger vehicle market totaled 1.643 million units in October, down 27.1% YoY and up 1.5% MoM. Cumulative passenger vehicle retail sales for the first ten months reached 14.978 million units, down 22.3% YoY. Production of new energy passenger vehicles reached 1.835 million units in October, up 10.9% YoY and 10.7% MoM. Cumulative production of new energy passenger vehicles for the first ten months reached 13.252 million units, up 9.9% YoY. Retail sales of new energy vehicles fell 13.7% YoY in October. Among them, domestic brands declined 15%, mainstream joint ventures grew 69%, and luxury brands fell 45%. Domestic retail sales of self-owned A00-class electric vehicles recorded a relatively large decline due to the adverse impact of subsidy-related policies. (jl/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |