Passenger vehicle branch: From April 1-12, the national passenger vehicle market retail sales were 377,000 units, a year-on-year decrease of 20%.

The China Association of Automobile Manufacturers released data, showing that from April 1 to 12, the national retail sales of passenger vehicles reached 377,000 units, a 20% decrease compared to the same period last year and a 12% decrease from the previous month. The cumulative retail sales for the year so far reached 4.598 million units, an 18% decrease compared to the same period last year. During the same period, the national retail sales of new energy passenger vehicles reached 224,000 units, an 11% decrease compared to the same period last year and a 7% increase from the previous month. The cumulative retail sales of new energy vehicles for the year so far reached 2.132 million units, a 20% decrease compared to the same period last year. The market penetration rate of new energy passenger vehicles in the national retail market from April 1 to 12 was 59.5%, while the wholesale penetration rate of new energy vehicles for manufacturers was 53.2%.