Preliminary Statistics Show New Energy Vehicle Retail Sales Exceed 50% in China in November

Preliminary statistics indicate that in November, the retail sales of passenger vehicles reached 2.446 million units, representing an 18% increase year-on-year and an 8% increase compared to the previous month. 

Among them, new energy vehicle retail sales amounted to 1.277 million units, marking a 52% year-on-year growth and a 7% increase from the previous month, with a market penetration rate of 52.2%.