Core Insights - The retail sales of new energy passenger vehicles in China reached 789,000 units from July 1 to July 27, representing a year-on-year increase of 15%, but a month-on-month decline of 17% [1] - Cumulatively, the retail sales for the year amount to 6.258 million units, showing a year-on-year growth of 31% [1] - The wholesale of new energy passenger vehicles by manufacturers totaled 816,000 units, marking a year-on-year increase of 17%, but a month-on-month decline of 20% [1] - Year-to-date wholesale figures stand at 7.264 million units, reflecting a year-on-year increase of 35% [1]

Core Insights - The retail sales of new energy vehicles in China reached 691,000 units from June 1 to June 22, representing a year-on-year growth of 38% compared to the same period last year [1] - The retail penetration rate for new energy vehicles in the country is 54.5%, with cumulative retail sales of 5.049 million units this year, showing a year-on-year increase of 35% [1] - Wholesale sales of new energy vehicles amounted to 666,000 units during the same period, marking a year-on-year increase of 22% and a month-on-month increase of 6% [1] - The wholesale penetration rate for new energy vehicles stands at 53.8%, with cumulative wholesale sales of 5.872 million units this year, reflecting a year-on-year growth of 38% [1]