China's retail penetration of NEVs stood at 47.51 percent in May 1-26, and 39.93 percent year-to-date.
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China's retail penetration of NEVs stood at 45.78 percent in the May 1-19 period, and 39.4 percent year-to-date.
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China's retail penetration of NEVs was 43.11 percent in May 1-12, and 38.87 percent year-to-date.
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China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.
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China's retail penetration of NEVs was 49.3 percent in April 1-21 and 38.56 percent year-to-date.
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China's retail penetration of NEVs was 50.39 percent in April 1-14, and 38 percent year-to-date.
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China aims to double the amount of scrapped cars recycled by 2027 compared to 2023.
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China's retail penetration of NEVs was 47.09 percent in April 1-6, and 37.1 percent year-to-date.
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China's retail penetration of NEVs was 47.67 percent in the March 1-24 period.
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China's NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.
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