Retail sales of passenger cars in China in December increased by 12% year-on-year to 2.635 million, according to a report by the China Passenger Car Association (CPCA).
Compared to November, they increased by 8.7%.
Sales of new energy vehicles (NEVs) soared by 37.5% yoy and reached 1.302 million. The figure was up 2.6% compared to November.
NEVs accounted for 49.4% of new cars last month, up from 40.3% in December 2023.
For the whole of 2024, passenger car sales in China increased by 5.5% compared to the same period a year earlier to 22.894 million.
