China Association of Automobile Manufacturers: The narrow definition of retail sales of passenger vehicles in October is expected to be 2.2 million, and new energy vehicles are expected to be 1.15 million.

On October 24, Golden Ten Data reported that the retail market for passenger vehicles is expected to be about 2.2 million units in October, a year-on-year rise of 8.2% compared to last year, and a month-on-month rise of 4.3% compared to last month. The retail of new energy vehicles is expected to reach 1.15 million units, with a month-on-month rise of 2.4% and a penetration rate of about 52.3%.

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