<div id="readability-page-1"><blockquote><ul><li>From November 1-16, China's total passenger vehicle retail sales stood at 886,000 units, down 14 percent compared to the same period last year.</li><li>NEV retail penetration in China stood at 62.5 percent from November 1 to 16, and 53.13 percent year-to-date.</li></ul></blockquote><figure id="attachment_132073"><img src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2025/11/2025111909120743.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="900" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2025/11/2025111909120743.jpg"/><figcaption id="caption-attachment-132073">(A SAIC Roewe model displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost)</figcaption></figure><p>China's new energy vehicle (NEV) retail sales rebounded last week, reversing the decline seen earlier in the month.</p><p>From November 1-16, China's passenger NEV retail sales came in at 554,000 units, marking a 2 percent year-on-year increase and a 7 percent month-on-month rise, according to data released today by the China Passenger Car Association (CPCA).</p><p>By comparison, passenger NEV retail sales from November 1-9 totaled 265,000 units, down 5 percent year-on-year, though up 16 percent month-on-month.</p>    <div>        <p><span>Join us on </span>            Telegram            <span> or </span>            Google News        </p>    </div><p>Year-to-date, China's cumulative passenger NEV retail sales reached 10.7 million units, up 21 percent year-on-year.</p><p>Wholesale sales of China's passenger NEVs from November 1-16 totaled 618,000 units, a 1 percent increase year-on-year and a 17 percent rise month-on-month.</p><p>Year-to-date, China's cumulative passenger NEV wholesale sales reached 12.68 million units, up 28 percent year-on-year.</p><p>From November 1-16, China's total passenger vehicle retail sales reached 886,000 units, down 14 percent year-on-year and 6 percent month-on-month.</p><p>Year-to-date, China's cumulative retail sales of all passenger vehicles reached 20.14 million units, up 7 percent year-on-year.</p><p>This indicates that China's NEV retail penetration rate stood at 62.5 percent during November 1-16 and 53.13 percent year-to-date.</p><p>During the first week of November, November 1-9, China's average daily passenger vehicle retail sales were 46,056 units, down 19 percent year-on-year and down 4 percent month-on-month.</p><p>During the second week of November, November 10-16, China's average daily passenger vehicle retail sales were 67,312 units, down 9 percent year-on-year and down 7 percent month-on-month.</p><p>From November 1 to 16, China's total passenger vehicle wholesale sales were 1.021 million units, down 14 percent year-on-year but up 14 percent month-on-month.</p><p>From November 1 to 9, China's average daily wholesale sales of passenger vehicles were 52,020 units, down 22 percent year-on-year but up 48 percent month-on-month.</p><p>From November 10-16, China's average daily wholesale sales of passenger vehicles totaled 78,961 units, down 5 percent year-on-year and down 4 percent month-on-month.</p><p>Year-to-date wholesale sales of passenger vehicles in China reached 24.8 million units, an 11 percent increase compared to the same period last year.</p>    <div>        <div>            <p><img width="768" height="433" src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2025/11/2025111203305188-768x433.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2025/11/2025111203305188-768x433.jpg"/>                            </p>        </div>        <div>            <p>Automakers' share of China NEV market in Oct: BYD leads with 23.1%, Tesla drops out of top 10</p>            <p>Tesla's share of China's NEV market in October stood at 2.03 percent, dropping out of the top 10 for the first time since August 2022.</p>                    </div>    </div>                                                                                    </div>

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<p>China's NEV retail sales reached 554,000 units from Nov 1-16, up 2% year-on-year, while total passenger vehicle sales were 886,000 units, down 14%. NEV penetration was 62.5% during this period. Year-to-date, NEV sales hit 10.7 million units, up 21%. Wholesale NEV sales totaled 618,000 units, up 1% year-on-year. BYD leads the NEV market share in October, while Tesla dropped out of the top 10.</p>

- From November 1-16, China's total passenger vehicle retail sales reached 886,000 units, a 14 percent decline year-on-year.  
- However, new energy vehicle (NEV) retail sales increased to 554,000 units during the same period, marking a 2 percent year-on-year rise and a 7 percent month-on-month increase.  
- Year-to-date, cumulative passenger NEV retail sales reached 10.7 million units, up 21 percent year-on-year, while the overall NEV retail penetration rate stood at 62.5 percent.  

China NEV retail at 554,000 in Nov 1-16, up 2% year-on-year