On June 10, data from the CPCA branch showed that from June 1 to 7, retail sales of the national passenger car market reached 228,000 units, down 23% YoY and down 11% MoM. Year-to-date cumulative retail sales reached 7.327 million units, down 20% YoY. Of this, retail sales of new energy passenger cars from June 1 to 7 reached 152,000 units, down 14% YoY and up 8% MoM. Year-to-date cumulative retail sales of new energy vehicles reached 3.85 million units, down 15% YoY.

[Japan's May New Car Sales Edge Up Nearly 3% YoY] Data on vehicle registrations recently released by the Japan Automobile Manufacturers Association showed that in May this year, domestic new car sales in Japan reached 332,997 units, edging up 2.75% YoY. Sales in the same period last year were 324,069 units, up 10% YoY. By category, passenger car sales were 276,910 units, up 2.75% YoY, and truck sales reached 55,168 units, up 2.2% YoY.

Data shows that in 2024, the average curb weight of China's passenger cars reached 1,704 kg, nearly 400 kg heavier than in 2012. Additionally, around the year 2000, common household NEVs on the market mostly had a width of around 1.7 meters. In 2015, the width increased to 1.8 meters. This week, household vehicles that often weigh close to 2 tons are sparking discussions due to their growing size and weight. Automaker engineers state that for every 10 mm increase in the width of an NEV's auto body, approximately 0.8 kWh more electricity can be packed in. However, experts say that vehicles becoming "fatter" is not solely due to this reason. Experts explain: Some automakers use driving range as a selling point, claiming that their cars can travel 800 or 1,000 kilometers on a single charge. In fact, behind this is the need to install a large battery pack inside the vehicle, which may weigh 700 to 800 kg. On January 1 this year, a mandatory national standard for EVs was officially implemented. For any new car model failing to meet energy consumption standards, the MIIT will not grant registration; the vehicle cannot be produced, sold, or licensed, guiding automakers to curb the growing trend of "obesity" in EVs. In the future, NEVs may hopefully return to standard dimensions.

According to data released by the China Passenger Car Association (CPCA), the overall passenger car market in May showed a certain sales trend: total retail sales reached 1.545 million units, down 20% YoY but up 12% MoM. Breaking it down, the new energy segment also performed notably, with retail sales reaching 974,000 units, down 5% YoY but up 15% MoM.

The China Society of Automotive Engineers predicts that by 2030, NEVs will account for over 70% of new passenger car sales in China. Meanwhile, China's overseas vehicle sales will approach 10 million units, with about 40% of these sales coming from localized production and sales outside China.

According to data from the CPCA, from May 1-31, national passenger vehicle retail sales reached 1.545 million units, down 20% YoY and up 12% MoM; cumulative retail sales year-to-date reached 7.15 million units, down 19% YoY. From May 1-31, national passenger vehicle producer wholesale volume reached 2.232 million units, down 4% YoY and up 6% MoM; cumulative wholesale volume year-to-date reached 10.209 million units, down 6% YoY.