In terms of retail sales, China's NEV penetration rate was 31.6 percent in February, up nearly 10 percentage points from a year ago and up from 25.7 percent in January.
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China's new energy passenger vehicle penetration at retail in February was 32.1 percent, up 6.4 percentage points from 25.7 percent in January.
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In the first two months, Tesla sold 140,453 China-made vehicles, up 20.71 percent from the same period last year.
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Retail sales of new energy passenger vehicles in China are expected to be around 400,000 units in February, with a penetration rate of 29.6 percent, according to preliminary estimates by the CPCA.
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Much of this is likely due to a low base caused by last year's Chinese New Year holiday.
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