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CPCA Data Reveals: In November, NEVs Achieved 59.3% Retail Penetration in China’s Passenger Vehicle Market
2025-12-08 /
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Author：小编
On December 8, data released by the China Passenger Car Association (CPCA) showed that the retail penetration rate of new energy vehicles (NEVs) in China’s overall passenger vehicle market soared to 59.3% in November, representing a significant year-on-year increase of 7 percentage points. A closer look at the data reveals notable differences across market segments: the penetration rate among domestic brands reached 79.6%, while luxury vehicles achieved 38.8%. In contrast, mainstream joint venture brands lagged far behind, with a mere 8% penetration rate.
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