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China's New Energy Vehicle Penetration Rate Surpasses 50%, Projected to Hit 56% This Year
2025-04-09 /
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Author：小编
In March, passenger vehicle retail sales surged to 1.94 million units, marking a robust 14.4% year-on-year growth. Notably, new energy vehicle retail sales soared to 991,000 units, achieving a significant 38.0% year-on-year increase, with a penetration rate soaring to an impressive 51.1%. Looking ahead, it is anticipated that by 2025, new energy vehicle sales will reach 16.14 million units, and the market penetration rate may further climb to 56%, underscoring the sector's robust growth potential.
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