China's NEV retail penetration was 55.15 percent in the September 1-8 period, and 44.92 percent year-to-date.
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Category: China Auto Market
China's NEV retail penetration was 55.1 percent in the August 1-25 period, and 44.3 percent year-to-date.
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China's NEV retail penetration rate was 54.02 percent in August 1-18, and 43.92 percent year-to-date.
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China's NEV retail penetration rate was 52.59 percent in August 1-11, and 36.29 percent year-to-date.
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China's retail penetration of NEVs stood at 51.86 percent in the July 1-28 period, and 43.05 percent year-to-date.
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BYD and Leapmotor will benefit the most, followed by Xpeng, Geely Auto, Changan, Great Wall Motor and GAC due to their relatively large exposure to low-priced vehicles, said Deutsche Bank.
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Consumers can get a RMB 20,000 subsidy for scrapping an old car and buying an NEV, and a RMB 15,000 subsidy for buying a fuel car of 2.0 L or less, both doubled from previous levels.
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China's retail penetration of NEVs stood at 49.35 percent in the July 1-21 period, and 42.45 percent year-to-date.
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China's NEV retail penetration was 49.48 percent in July 1-14, and 42.23 percent year-to-date.
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Chinese automakers are taking center stage and setting new benchmarks for an industry historically steered by the West, Japan, and South Korea, AlixPartners said.
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