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CN Transaction of Used NEVs Up 48% YoY to 1.128M Units in 2024
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In 2024, the transaction volume of used car market in Mainland China reached 19.6142 million units, representing a YoY growth of 6.52%, with the total transaction value of RMB1.29 trillion, according to the data released by China Association of Automobile Dealers Association (CADA). The transaction volume of new-energy used cars hit 1.128 million units, marking a YoY hike of 47.97%.

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