March Retail Sales of New Energy Cars in China Total 445,000, Up 137.6% YoY

(Source: NETA)

The China Passenger Car Association (CPCA) on Monday released the sales volume of the domestic passenger car market in March. Data show that during the month, retail sales of passenger cars reached 1.579 million units, down 10.5% year-on-year and up 25.6% quarter-on-quarter. From January to March, cumulative retail sales were 4.915 million…