✉news BusinessRetail first seen 7 h ago, last 22 min ago, peak #5
China's September NEV retail sales fall 12%, CPCA data shows
Original: China's September NEV retail sales fall 12% as month-end surge narrows decline, preliminary CPCA data shows
Preliminary data from the China Passenger Car Association shows retail sales of new energy vehicles in China fell 12 percent in September from the same month a year earlier. A surge in purchases at the end of the month helped narrow the overall decline, but the market still contracted, prompting questions about weakening demand in the world's largest EV market.
Why now: Investors and industry watchers follow China's NEV sales closely as an indicator of EV market health and auto sector demand.
ChinaChina Passenger Car AssociationNEV market
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Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1741538