Core Insights - In October 2023, the retail sales of new energy passenger vehicles in China reached 1.282 million units, marking a year-on-year growth of 7.3% but a month-on-month decline of 1.3% [1] Summary by Category - **Market Performance** - The new energy passenger vehicle market in China experienced a retail volume of 1.282 million units in October 2023 [1] - Year-on-year growth was recorded at 7.3%, indicating a positive trend compared to the same month last year [1] - However, there was a slight month-on-month decline of 1.3%, suggesting potential seasonal fluctuations or market adjustments [1]