On August 7th, the development of new energy vehicles in China ushered in a historic moment, and the penetration rate exceeded 50% for the first time in July 2024, that is, more than traditional fuel vehicles.
From July 1 to 31, the passenger car market new energy retail sales of 879,000 units, an increase of 37% over the same period last year, an increase of 3% over the same period last month, so far this year, the total retail sales of 4.991 million units, an increase of 34%.
From July 1 to 31, the national passenger car manufacturers wholesale 955,000 new energy vehicles, an increase of 30% over the same period last year, down 3% from the same period last month, the total wholesale since this year 5.575 million vehicles, an increase of 30%.
According to this data, the retail sales of new energy vehicles in July 2024 accounted for 50.84%. Home to notice IT, take the league branch of the data in 2024, the first half of April, the domestic new energy car retail permeability broke through 50% for the first time.
In the third week of May 2024 (13-19), the amount of domestic new energy passenger vehicle insurance reached 168,000, and the insurance penetration rate of new energy terminals also broke through 50% for the first time, reaching 50.2%, more than fuel vehicles.
Now, in July 2024, China's new energy vehicles permeability for the first time in a complete break through 50%. Byd co., LTD., executive vice President, he also confirmed that China's new energy vehicles in July on the terminal of risk was 50.8%, and the permeability marks the new energy vehicles become the mainstream, fuel become a minority.
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