China Passenger Car Association: In June, the narrow definition of retail passenger car sales is expected to reach 1.65 million units, with new energy vehicles accounting for 1.05 million units. The penetration rate is expected to exceed 63.6%.

According to the Wise Finance APP, the latest research results from the Passenger Vehicle Association on June 18th showed that the leading manufacturers of passenger vehicles, which account for about 70% of the total market sales volume, have seen a about 10% increase in retail sales targets compared to last month. As the end of the half-year approaches, these manufacturers are actively striving to achieve their goals. Based on preliminary estimates of terminal performance, the narrow definition of the passenger car retail market in June is approximately 1.65 million vehicles, representing a 9.3% increase compared to the previous month. Among them, the estimated retail volume of new energy vehicles is about 1.05 million vehicles, with a 10.5% increase compared to the previous month and a penetration rate of approximately 63.6%. The differentiation between new energy vehicles and traditional fuel vehicles continues to widen.