China NEV retail sales in Dec 1-21 rise 1% year-on-year to 788,000 units

From December 1 to 21, China's overall passenger vehicle retail sales totaled 1.3 million units, down 19 percent year-on-year.Year-to-date, China's passenger NEV cumulative retail sales reached 12.26 million units, up 18 percent year-on-year.(A Volkswagen ID. 3 displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost)China's new energy vehicle (NEV) retail sales so far this month narrowly achieved growth, following an improvement in performance last week.From December 1-21, China's passenger NEV retail sales came in at 788,000 units, up 1 percent year-on-year and up 3 percent month-on-month, according to data released today by the China Passenger Car Association (CPCA).For reference, retail sales from December 1-14 stood at 476,000 units, down 4 percent year-on-year. Join us on Telegram or Google News Year-to-date, China's cumulative passenger NEV retail sales totaled 12.26 million units, up 18 percent year-on-year.Wholesale sales of China's passenger NEVs from December 1-21 totaled 782,000 units, down 10 percent year-on-year and down 12 percent month-on-month.Year-to-date, China's cumulative passenger NEV wholesale sales were 14.54 million units, up 25 percent year-on-year.From December 1-21, China's overall passenger vehicle retail sales totaled 1.3 million units, down 19 percent year-on-year but up 5 percent month-on-month.Year-to-date, China's cumulative retail sales of all passenger vehicles reached 22.78 million units, a 4 percent increase compared to the same period last year.This indicates that NEVs' retail penetration rate in China reached 60.6 percent during December 1-21 and 53.8 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 compared to the same period last month.In the third week of December, December 15-21, China's average daily passenger vehicle retail sales were 76,551 units, down 11 percent year-on-year but up 9 percent compared to the same period last month.From December 1 to 21, China's total passenger vehicle wholesale sales came in at 1.302 million units, down 23 percent year-on-year and down 13 percent month-on-month.From December 1 to 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.From December 15-21, China's average daily passenger vehicle wholesale sales reached 81,144 units, down 9 percent year-on-year and down 11 percent month-on-month.Year-to-date, China's passenger vehicle wholesale sales reached 28.07 million units, up 9 percent compared to the same period last year. CPCA expects China Dec NEV retail to hit record high of 1.38 million units China's overall passenger car retail sales in December are projected to come in at about 2.3 million units, marking a year-on-year decline of 12.7 percent.