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Most EVs sold in China are actually hybrids which is why the category is called NEV, i.e. new energy vehicles.
by cbmuser 2y ago
Most EVs sold in China are actually hybrids which is why the category is called NEV, i.e. new energy vehicles.
- lvturner 2y agoI can't find any data to support this, just the figure that NEVs account for ~40% of new sales, no further breakdown. Do you have a reference, I'd be very curious to see the breakdown -- my view is biased by the high pure EV penetration in cities like Shenzhen.
- slaw 2y ago> A total of 2.62 million passenger cars were sold in December, meaning the NEV penetration rate was 52.6%. > Between January and November, BEV share was 58%, while PHEV share was 42% in China. https://carnewschina.com/2025/01/08/early-data-shows-record-breaking-11-million-nevs-were-sold-in-china-in-2024-penetration-rate-nearly-50/ https://carnewschina.com/2025/01/08/early-data-shows-record-...