Yang Mu, director of MOFCOM’s Consumer Promotion Department, said at a State Council Information Office briefing on the 23rd that China’s NEV retail penetration reached 62.8% in June, equivalent to more than six of every ten new cars sold being NEVs.

2026-07-23

Yang Mu, director of MOFCOM’s Consumer Promotion Department, said at a State Council Information Office briefing on the 23rd that China’s NEV retail penetration reached 62.8% in June, equivalent to more than six of every ten new cars sold being NEVs.