Visitors learn about a car at the 20th China (Changsha) International Automobile Exposition in Changsha, central China's Hunan Province, Dec. 4, 2024. [Photo/Xinhua]

China's new-energy passenger vehicle market continued to see robust growth in November, with retail sales reaching nearly 1.27 million units, industry association data showed on Monday.

The figure marked a 50.5% year-on-year increase and a 5.9% jump from the previous month, according to the China Passenger Car Association (CPCA).

In November, production of new-energy passenger vehicles reached about 1.48 million units, representing a 49.3% year-on-year increase and a 7.1% rise from the previous month.

The penetration rate of new-energy vehicles, a gauge of popularity, in the domestic market climbed to 52.3% last month, according to the data.

During the first 11 months of the year, total retail sales of new-energy passenger cars amounted to 9.59 million units, representing a 41.2% increase from the previous year, the CPCA data showed.

On the export front, China shipped about 80,000 new-energy passenger vehicles last month, down 6.3% year on year.

From January to November this year, total exports of new-energy passenger vehicles reached about 1.17 million units, a 24.6% increase compared to the same period in 2023, the association said.

Related

Go to Forum >>0 Comment(s)