China NEV retail penetration tops 60% in April as oil prices dent gasoline car demand

Nuying Huang

, Taipei

May 12, 2026, 11:09 0

Credit: AFP

China's retail penetration rate for new-energy vehicles, including battery electric vehicles and plug-in hybrids, reached 61.4% in April, the highest on record and the first time it crossed 60%, according to the China Passenger Car Association. The...

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