China's Narrow-Gauge Vehicle Retail Hits 1.52M Units in May, Up 9.9% MoM

GateNews

According to China Passenger Car Association (乘联分会), the country's narrow-gauge passenger vehicle retail market reached approximately 1.52 million units in May, with a month-over-month growth of 9.9%.

New energy vehicle retail sales hit around 950,000 units, up 12.0% MoM, accounting for approximately 62.5% of total market penetration.

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