Core Insights - In June, the domestic retail sales of new energy passenger vehicles reached 1.111 million units, marking a year-on-year growth of 29.7% [1] Industry Summary - The data indicates a strong upward trend in the sales of new energy passenger vehicles in the domestic market, reflecting increasing consumer demand and market penetration [1] - The growth rate of 29.7% suggests a robust expansion in the new energy vehicle sector, which may be driven by favorable government policies and advancements in technology [1]

Group 1 - The core viewpoint of the article highlights that China's retail sales of new energy vehicles (NEVs) in May experienced a year-on-year growth of 28.2% [1] - Additionally, the retail sales of NEVs in May showed a month-on-month increase of 12.1% [1]