China NEV retail sales in Dec 1-14 down 4% year-on-year to 476,000 units

From December 1 to 14, China's overall passenger vehicle retail sales totaled 764,000 units, a 24 percent decrease compared to the same period last year.China's NEV retail penetration rate was 62.3 percent from December 1-14 and 53.7 percent year-to-date.(A SAIC Roewe model displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost)China's new energy vehicle (NEV) retail sales in the first half of December declined year-on-year, marking a rare year-end dip.From December 1-14, China's passenger NEV retail sales came in at 476,000 units, down 4 percent year-on-year but up 1 percent month-on-month, according to data released today by the China Passenger Car Association (CPCA).Year-to-date, China's cumulative passenger NEV retail sales reached 11.95 million units, up 18 percent year-on-year. Join us on Telegram or Google News Wholesale sales of China's passenger NEVs from December 1-14 totaled 457,000 units, down 15 percent year-on-year and down 14 percent month-on-month.Year-to-date, China's cumulative passenger NEV wholesale sales reached 14.21 million units, up 26 percent year-on-year.From December 1-14, China's total passenger vehicle retail sales were 764,000 units, down 24 percent year-on-year while up 2 percent month-on-month.Year-to-date, China's cumulative retail sales of all passenger vehicles reached 22.25 million units, up 5 percent year-on-year.This indicates that China's NEV retail penetration rate stood at 62.3 percent during December 1-14 and 53.7 percent year-to-date.During the first week of December, December 1-7, China's average daily passenger vehicle retail sales were 42,468 units, down 32 percent year-on-year and down 8 percent month-on-month.During the second week of December, December 8-14, China's average daily passenger vehicle retail sales were 66,629 units, down 17 percent year-on-year but up 9 percent month-on-month.From December 1-14, China's total passenger vehicle wholesale sales totaled 734,000 units, down 31 percent year-on-year and down 15 percent month-on-month.During December 1-7, China's average daily wholesale sales of passenger vehicles were 42,525 units, down 40 percent year-on-year and down 18 percent month-on-month.From December 8-14, China's average daily passenger vehicle wholesale sales were 62,271 units, down 22 percent year-on-year and down 13 percent month-on-month.Year-to-date, China's passenger vehicle wholesale sales totaled 27.5 million units, up 9 percent compared to the same period last year. Automakers' share of China NEV market in Nov: BYD leads with 23.2%, Tesla 5th with 5.5% BYD's share edged slightly higher than October's, while Tesla made its return to the top 10 after falling out of the rankings last month.