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China Association of Automobile Manufacturers: Retail sales of 856000 new energy vehicles increased by 28.6% year-on-year in June

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The China Passenger Car Association: In June, the retail sales of new energy vehicles in the market increased by 28.6% year-on-year to 856000 units. In June, the retail sales of the national passenger car market reached 1.767 million units, a year-on-year decrease of 6.7% and a month on month increase of 3.2%; Since the beginning of this year, the cumulative retail sales have reached 9.841 million vehicles, a year-on-year increase of 3.3%. Referring to the progress of completing 43% of the total sales in the first half of 2023, it is expected to exceed 22 million vehicles for the whole year. In June, the retail sales of conventional fuel vehicles reached 910000 units, a year-on-year decrease of 27%, and remained unchanged compared to the previous month; From January to June, the retail sales of conventional fuel vehicles reached 5.73 million, a year-on-year decrease of 13%.
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