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CPCA: CN PV-NEV Retail Sales Shed 17% YoY, Grow 66% MoM in First 3 Weeks of Mar
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From March 1 to 22, the retail sales of passenger vehicle market in China numbered 920,000 units, representing a YoY decrease of 16% and a MoM increase of 19%, the China Passenger Car Association (CPCA)'s data showed.

During the period, the retail sales of the passenger vehicle new energy vehicle (PV-NEV) market in China were 495,000 units, a YoY decrease of 17% and a MoM increase of 66%, with a retail penetration rate of 53.9%.

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