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China Passenger Car Association: Retail sales of New energy vehicles increased by 32% year-on-year from May 1 to May 18.
Data released by the China Passenger Car Market Information Joint Conference shows that from May 1st to the 18th, nationwide retail sales of new energy vehicles reached 0.484 million units, an increase of 32% year-on-year and 15% month-on-month, with a nationwide retail penetration rate of 52%. Since the beginning of the year, cumulative retail sales have reached 3.808 million units, showing a 35% year-on-year growth. Nationwide wholesale of new energy vehicles by passenger car manufacturers reached 0.467 million units, a year-on-year increase of 23% and flat month-on-month, with a wholesale penetration rate of 54.4%. Since the beginning of the year, cumulative wholesale has reached 4.448 million units, a year-on-year increase of 40%. During this period, nationwide retail sales in the passenger car market reached 0.932 million units, an increase of 12% year-on-year.
According to the Passenger Car Association, from May 1 to 18, the national retail sales of passenger cars reached 0.932 million units, a year-on-year growth of 12%.
The retail trend of the passenger car market in May continues to remain stable and positive.
The era of great change has arrived! Many car companies are "cutting costs internally" and efficient collaboration has become key to "reducing costs and increasing efficiency."
① "Recently, it's been too busy; this year the Industry is too competitive, and I must fight on the front lines, working harder than ever." This statement from a VP of a leading company reflects the collective sentiments of management at various points in the Autos Industry Chain. ② Two months after the release of the Taizhou Declaration, the Chairman and General Manager of Guangzhou Automobile Group, Feng Xingya, presented a three-year "Panyu Action," with the same focus on "transformation and change."
The "Big Action" Dongwu Securities has listed Contemporary Amperex Technology (03750.HK) in its predictions for the market share of power Battery among major car manufacturers in Mainland China (table).
Contemporary Amperex Technology (03750.HK) today (20th) made its debut listing, opening at 296 yuan, which is 12.5% higher than the listing price of 263 yuan, reaching a high of 306 yuan during the day, nearly 16.3% above the listing price, with a transaction volume of 5.087 billion yuan. According to a deep report published by Dongwu Securities last August, it listed the estimated global market share and shipment volume for Contemporary Amperex Technology's power Battery business for the next two years: Item │ 2025 Forecast │ 2026 Forecast (1) Domestic Market Share (Power) │ 48% │ 48% - Domestic Shipment Volume (GWh) │ 312 │ 354 - Proportion │ 68% │ 61% (2) In
Express News | According to the China Association of Automobile Manufacturers, from January to April, the top ten enterprises (groups) in auto sales sold a total of 8.464 million vehicles.
The market hotspots continue to rapidly rotate, and Asia Vets, chemicals, and mergers and acquisitions may continue to attract attention.
Last Friday, the market showed a differentiated consolidation. Although the three major Indexes all experienced slight declines, the short-term sentiment saw a certain degree of recovery, with more stocks rising than falling.
