China's passenger-car association forecasts about 1.07 million NEV retail sales in October, with penetration near 66.9 percent
The China Passenger Car Association's 23 October forecast puts October passenger-car retail near 1.60 million and new-energy retail near 1.07 million, with penetration around 66.9 percent. CnEVPost reads that new-energy figure as down 16.5 percent from a year earlier. The month's final count is not in the forecast.