Energy · 36 views
Chinese NEV Share Hits 63%. What’s Next?
EVs are reaching new levels of market penetration in China. Chinese retail NEV (BEV and PHEV) market share was estimated to be 63% for May, while Chinese wholesale (includes exports) reached 61%, according to CPCA, as reported in CnEVPost.
Summary
EVs are reaching new levels of market penetration in China. Chinese retail NEV (BEV and PHEV) market share was estimated to be 63% for May, while Chinese wholesale (includes exports) reached 61%, according to CPCA, as reported in CnEVPost. We will have to wait for a more detailed breakdown.
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