Record NEV mix: Sept retail share hit 67.1% (highest ever) and wholesale 66.1%, per CPCA via @tphuang. Total sales still fell 24% YoY but rose 10% MoM — penetration is climbing into a soft auto tape.

What happened: CPCA reported September auto sales, with NEV retail share at 67.1% and wholesale at 66.1%. Full-month sales were down 24% year over year and up 10% month over month. Key numbers: NEV retail 67.1%, wholesale 66.1%, sales down 24% YoY, up 10% MoM, purchase tax at half instead of zero since January, PHEV qualification bar at 100km versus 43km previously. Why it matters: Part of the PHEV drop is attributed to tax changes. Cheap short-range hybrids either got a bigger battery and a higher price, or lost the break.

CPCA reported September auto sales, with NEV retail share at 67.1% and wholesale at 66.1%. Full-month sales were down 24% year over year and up 10% month over month.

Part of the PHEV drop is attributed to tax changes. Cheap short-range hybrids either got a bigger battery and a higher price, or lost the break.