Xinhua News Agency of China reports the latest data released by the China Automobile Dealers Association showed electric cars have passed 50% of new sales in the People’s Republic of China. They write:
Historic transcendence! The monthly retail sales of new energy passenger vehicles in China surpassed that of traditional fuel passenger vehicles for the first time, indicating that new energy vehicles are becoming the mainstream of the market.
On the 8th, the latest data released by the Passenger Car Market Information Joint Branch of the China Automobile Dealers Association showed that in July, the domestic retail penetration rate of new energy passenger vehicles reached 51.1%; 840,000 conventional fuel passenger vehicles and 878,000 new energy passenger vehicles were retailed.
In September 2020, the cumulative production of new energy vehicles in China reached 5 million; In February 2022, it exceeded 10 million units; The 20,000,000th vehicle will roll off the assembly line in July 2023; By the end of June 2024, the cumulative production and sales of domestic new energy vehicles will exceed 30 million. […]
It’s easier to get around. As of the end of June this year, the total number of charging piles in the country reached 10.244 million, a year-on-year increase of 54%, ensuring the charging demand of 24 million new energy vehicles and bringing more convenience to pure electric travel.
“In line with the times, the automotive industry will accelerate the transformation to electrification and intelligence.” Cui Dongshu, Secretary-General of the Passenger Car Market Information Joint Branch of the China Automobile Dealers Association, believes that in the future, with the continuous integration of new technologies such as intelligent networking and artificial intelligence, automobiles will be given more possibilities and set sail to the distant land of intelligent and green travel. (Xinhua News Agency reporters Gao Kang, Wu Huijun)
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Also read: Almost Half of EV Owners Plan to Switch Back to Gas Powered Cars
