Data from the Passenger Vehicle Association shows that in January 2025, the national retail market for Passenger Vehicles was 1.794 million units, a decrease of 12.1% year-on-year and a decline of 31.9% month-on-month. Retail sales in January were at a historical low, and the month-on-month growth rate decline of 31.9% was second only to the 41% drop in January 2023. The wholesale sales of New energy Fund Passenger Vehicles in January reached 0.889 million units, an increase of 27.1% year-on-year, but a decrease of 41.2% month-on-month. The retail sales of New energy Fund Passenger Vehicles in January reached 0.744 million units, an increase of 10.5% year-on-year, and a decrease of 42.9% month-on-month.
乘联分会：1月新能源乘用车零售销量达到74.4万辆，同比增长10.5%
In January, the retail sales of New energy Fund Passenger Vehicles reached 0.744 million units, an increase of 10.5% year-on-year.
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