What is the Penetration Rate of New Energy Vehicles?

1 Answers
ODaniella
07/30/25 5:18am
New energy vehicle penetration rate refers to the popularity of new energy vehicles among the population. Meaning of penetration rate: It refers to the degree of popularity of a new technological product among the population. The new energy vehicle penetration rate is essentially the market share occupied by new energy vehicles in the automotive sector. China's new energy vehicle penetration rate: China has ranked first in the world for six consecutive years in terms of new energy vehicle production and sales. In 2021, the penetration rate of new energy vehicles in China exceeded 10%. China has actively introduced policies to support the development of new energy vehicles, which are an inevitable trend and one of the important engines driving China's economy. In the future, the country will continue to prioritize solving issues in the automotive industry, using the development of new energy vehicles as a breakthrough, and comprehensively promoting the adoption of new energy vehicles in rural areas.
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