New Energy Vehicles Have A Penetration Rate of Nearly 30% in Chinese Automobile Market
- Mei 12, 2023, at 11:26 am
According to the China Association of Automobile Manufacturers (CAAM), China' new energy vehicle (NEV) production and sales reached 640,000 units and 636,000 units respectively in April, both up 110% year-on-year, representing a market share of 29.5%.