Foreign media attention: China's new energy vehicle sales surpass fuel vehicles for the first time
2024-08-11
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Reference News reported on August 11According to a report on the website of the U.S. Consumer News and Business Channel on August 9, data released by the Passenger Car Market Information Joint Branch of the China Automobile Dealers Association showed that in July, China's retail sales of new energy passenger cars exceeded traditional fuel passenger cars for the first time.
New energy vehicles include pure electric vehicles and hybrid vehicles, etc. According to data released recently, this category accounted for more than 51% of China's passenger car sales in July.
According to analysis, this figure has increased compared to the new energy vehicle market penetration rate of around 36% a year ago.
The latest published data shows that in July, sales of pure electric vehicles exceeded those of hybrid vehicles, and the market penetration rate of pure electric vehicles reached 28%.
China is the world's largest automobile market, and fierce competition in the new energy vehicle sector has triggered a price war, the report said.
Data shows that China's passenger car retail sales in July were 1.72 million units, of which 878,000 were new energy passenger cars.
The report said that the Chinese government has supported the domestic new energy vehicle industry for more than a decade. The latest policy of exchanging old cars for new ones to promote consumption also focuses on providing the greatest support to new energy vehicle buyers.
The new energy vehicle industry in the United States has not developed as fast. According to the latest estimates, the new energy vehicle market penetration rate in the United States in the first quarter was 18%, lower than 18.8% in the fourth quarter of 2023. (Compiled by Xu Yanhong)
