China’s NEV sales surge 141% in Oct, despite a decline in total car sales (Global Times)

China’s new-energy vehicle (NEV) sales continued to gain momentum in October with robust growth in both domestic sales and exports, even as sales of passenger cars posted a year-on-year decline during the month.

NEV retail sales reached 321,000 units in October, up 141 percent on a yearly basis, according to data released by the China Passenger Car Association (CPCA) on Monday. The retail penetration ratio was 14.3 percent in the first 10 months, a significant increase from 5.8 percent a year earlier.

China’s NEV sales surge 141% in Oct, despite a decline in total car sales – Global Times

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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