China's EV Sales Surge to Two-Thirds of Market
Electric vehicles accounted for a record 66.7 per cent of new car sales in mainland China during the first week of June, the latest sign that the country’s battery-powered carmakers are benefiting from the global energy crisis. Two out of every three new cars sold on the mainland in the seven days ending June 7 were either pure electric or plug-in hybrid vehicles, according to data from the China Passenger Car Association (CPCA). The penetration rate climbed from 62.9 per cen
Electric vehicles (EVs) and plug-in hybrids achieved a significant milestone in China, representing 66.7% of all new car sales during the initial week of June. This marks a new record for EV market share in the country. The data, compiled by the China Passenger Car Association (CPCA), indicates a notable increase from May's 62.9% penetration rate. This surge suggests that Chinese manufacturers of battery-powered vehicles are capitalizing on the ongoing global energy challenges.
This trend highlights China's accelerating transition to electric mobility and its growing dominance in the global EV market.
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