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China Passenger Car Association Reports: In March, New Energy Vehicle Retail Penetration in China's Passenger Car Market Hit 51.1%, Up 8.7 Percentage Points from Last Year
2025-04-09 /
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Author：小编
On April 9, the China Passenger Car Association released statistics indicating that in March, the retail penetration rate of new energy vehicles (NEVs) in China's passenger car market reached 51.1%, marking an 8.7 percentage point increase from the same period last year. Notably, the penetration rate among independent brands stood at an impressive 72%, while luxury cars accounted for 35%, and mainstream joint venture brands only managed 6%.
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