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China's Passenger Vehicle Sales Plummet in October

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Insights by Echo AI

China's passenger vehicle sales, including both traditional fuel cars and new energy vehicles (NEVs), experienced a significant decline in October. Retail sales of passenger vehicles dropped by 27.3% year-on-year to 1.65 million units. NEV sales also decreased by 14% to over 1.1 million units compared to the previous year. This downturn comes despite the NEV market reaching a record zero-run rate of 67.5%.

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6 Sources

  1. First Squawk avatar

    First Squawk

    X / Twitter / @FirstSquawk

    China’s October Passenger Vehicle Sales Drop 27.3% From a Year Earlier...

  2. Yicai Global 第一财经 avatar

    Yicai Global 第一财经

    X / Twitter / @yicaichina

    China's retail sales of new energy passenger vehicles dropped 14% to e...

  3. RTHK即時新聞 avatar

    RTHK即時新聞

    Telegram / @rthk_new_c

    內地10月乘用車市場零售按年跌27% 新能源車跌近14% 中國乘用車市場信息聯席分會公布,10月狹義乘用車市場零售量164.3萬輛,按年下...

  4. Sing Tao News avatar

    Sing Tao News

    RSS / @stheadline.com/rss

    車市「旺季不旺」 內地10月乘用車零售跌27% 傳統燃油車加速萎縮 中國乘聯分會公布,內地10月全國乘用車市場零售164.3萬輛,按年跌27...

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