CPCA: CN Retail Sales for Pax Car/ NEV in First 3 Wks of Jun Rise -12%/ +19% YoY

　　From 1-23 June, the retail sales volume in the passenger car market amounted to 1.087 million, down 12% YoY, up 2% MoM, according to data released by the China Passenger Car Association (CPCA). The cumulative retail sales was 9.16 million YTD, up 3% YoY.

　　During the period, the retail sales in the NEV market was 534,000, up 19% YoY and 7% MoM. The cumulative retail sales amounted to 3.789 million YTD, up 32% YoY.

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