--- title: "China Passenger Car Association: In March, the retail sales of new energy passenger vehicles in mainland China fell by 21% year-on-year but increased by 69% month-on-month" type: "News" locale: "en" url: "https://longbridge.com/en/news/281951498.md" description: "According to data from the China Passenger Car Market Information Joint Conference, the retail sales of new energy passenger vehicles in March were 784,000 units, a year-on-year decrease of 21% and a month-on-month increase of 69%. The cumulative retail sales this year reached 1.844 million units, a year-on-year decrease of 24%. The wholesale volume of new energy vehicles was 1.126 million units, unchanged year-on-year and a month-on-month increase of 56%. The overall retail sales of passenger vehicles in March were 1.657 million units, a year-on-year decrease of 15% and a month-on-month increase of 60%" datetime: "2026-04-07T23:27:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281951498.md) - [en](https://longbridge.com/en/news/281951498.md) - [zh-HK](https://longbridge.com/zh-HK/news/281951498.md) --- # China Passenger Car Association: In March, the retail sales of new energy passenger vehicles in mainland China fell by 21% year-on-year but increased by 69% month-on-month The China Passenger Car Market Information Joint Conference announced that preliminary statistics show that in March, the national retail sales of new energy vehicles reached 784,000 units, a year-on-year decrease of 21%, but a month-on-month increase of 69%. Cumulatively, there have been 1.844 million retail sales this year, a year-on-year decrease of 24%. In March, the wholesale of new energy vehicles by manufacturers reached 1.126 million units, remaining flat year-on-year and increasing by 56% month-on-month. Cumulatively, there have been 2.716 million wholesale sales this year, a year-on-year decrease of 5%. The retail penetration rate for new energy vehicles in March was 47.3%, while the wholesale penetration rate for manufacturers was 48.6%. The data also shows that in March, the national retail sales of passenger cars reached 1.657 million units, a year-on-year decrease of 15%, but a month-on-month increase of 60%. Cumulatively, there have been 4.236 million retail sales this year, a year-on-year decrease of 17%. In March, the wholesale of passenger cars by manufacturers reached 2.32 million units, a year-on-year decrease of 4%, but a month-on-month increase of 53%. Cumulatively, there have been 5.813 million wholesale sales this year, a year-on-year decrease of 8% ### Related Stocks - [159323.CN](https://longbridge.com/en/quote/159323.CN.md) - [516380.CN](https://longbridge.com/en/quote/516380.CN.md) - [02845.HK](https://longbridge.com/en/quote/02845.HK.md) - [161028.CN](https://longbridge.com/en/quote/161028.CN.md) - [159239.CN](https://longbridge.com/en/quote/159239.CN.md) - [159755.CN](https://longbridge.com/en/quote/159755.CN.md) - [501058.CN](https://longbridge.com/en/quote/501058.CN.md) - [DRIV.US](https://longbridge.com/en/quote/DRIV.US.md) - [501057.CN](https://longbridge.com/en/quote/501057.CN.md) - [520600.CN](https://longbridge.com/en/quote/520600.CN.md) - [09845.HK](https://longbridge.com/en/quote/09845.HK.md) - [516110.CN](https://longbridge.com/en/quote/516110.CN.md) - [515030.CN](https://longbridge.com/en/quote/515030.CN.md) - [515700.CN](https://longbridge.com/en/quote/515700.CN.md) - [516160.CN](https://longbridge.com/en/quote/516160.CN.md) - [159237.CN](https://longbridge.com/en/quote/159237.CN.md) ## Related News & Research - [China NEV retail sales fall 12% year-on-year in first 17 days of May](https://longbridge.com/en/news/287065148.md) - [Chinese car dealerships take over Britain as drivers back cheap EVs](https://longbridge.com/en/news/286916331.md) - [BYD delays flagship electric SUV launch as preorders surge to over 100,000](https://longbridge.com/en/news/286797437.md) - [BYD is struggling to meet demand for new fast-charging EVs as orders reach 100K, 60K](https://longbridge.com/en/news/287109883.md) - [Growth in global electric vehicle sales expected to continue in 2026](https://longbridge.com/en/news/287007295.md)