China NEV Penetration Rate Hits Record 66.7%, Two of Three New Cars Are Electric
In the first week of June 2026, China's passenger vehicle market reached a historic milestone: NEV retail penetration rate hit 66.7% for the first time, meaning two of every three new cars sold were new energy vehicles. From breaking 50% in 2024 to exceeding 66% in 2026, China's auto electrification is accelerating.
303 views2026-07-02
