According to the data released by the China Passenger Vehicle Market Information Joint Conference, preliminary statistics show that in December 2024, the retail sales of the passenger vehicle market reached 2.622 million units, an annual growth of 11% and a monthly growth of 9%. The retail sales of the passenger vehicle New energy Fund market reached 1.379 million units, an annual growth of 46% and a monthly growth of 10%.
In the entire year of 2024 so far, the cumulative retail sales of the passenger vehicle market reached 22.88 million units, an annual growth of 5%; the cumulative retail sales of the passenger vehicle New energy Fund market reached 10.975 million units, an annual growth of 42%.