The Retail Sales of New Energy Passenger Vehicles in August was 529,000 Units, a Year-on-year Increase of 111.2%

According to the news on the WeChat public account of the "Chengdu Association" on the 8th, the wholesale sales of new energy passenger vehicles reached 632,000 in August, a year-on-year increase of 103.9% and a month-on-month increase of 12.0%. Under the policy of halving the car purchase tax, new energy vehicles not only Unaffected, the sequential improvement continued to exceed expectations.

From January to August, 3.662 million new energy passenger vehicles were wholesaled, a year-on-year increase of 119.4%. In August, the retail sales of new energy passenger vehicles reached 529,000 units, a year-on-year increase of 111.2% and a month-on-month increase of 8.8%. From January to August, a "W-shaped" trend was formed. From January to August, the domestic retail sales of new energy passenger vehicles was 3.262 million, a year-on-year increase of 119.7%.

In the new energy vehicle market, the supply improvement and the rise in oil prices have brought about a boom in the market. The rise in oil prices and the lock-in of electricity prices have driven the popularity of electric vehicle orders. The month-on-month trend of new energy vehicles and traditional fuel vehicles in August was obviously driven by policies. Various localities have introduced strong policies to encourage consumption, and the production of mainstream car companies has continued to increase, which has changed the rules of the off-season and further boosted the boom in the auto market in August.