China Association of Automobile Manufacturers: The sales of new energy passenger cars in the first 10 months mainly concentrated in the price range of 100,000 to 200,000 yuan.

According to data from the China Association of Automobile Manufacturers, from January to October, in the traditional fuel passenger vehicle segment, sales were mainly concentrated in the price range of 100,000 to 150,000 RMB, with a total of 3.698 million units sold, a year-on-year decrease of 8.6%. In the same period, in the new energy passenger vehicle segment, sales in the 300,000 to 400,000 RMB price range saw a year-on-year decrease, while sales in other price ranges all showed positive growth. Currently, sales are mainly concentrated in the 100,000 to 200,000 RMB price range, with a total of 5.446 million units sold, a year-on-year increase of 29.4%.