BYD2 Min Read RainManonMarch 16, 2024 BYD chairman expects China’s NEV penetration to exceed 50% within next 3 months BYD's chairman predicted a month ago that China's monthly NEV penetration rate would exceed 50 percent within this year, and now he expects…
BYD2 Min Read RainManonFebruary 18, 2024 China could see single-month NEV penetration exceed 50% this year, says BYD chairman BYD is China's largest NEV maker, capturing 35 percent of the country's NEV market in 2023.
Industry News2 Min Read RainManonDecember 13, 2022 Shenzhen’s NEV penetration has reached 57% so far this year To date, Shenzhen has 740,000 NEVs. The city plans to have that number reach 1.3 million by 2025.
Industry News2 Min Read RainManonSeptember 6, 2022 China’s 25% NEV penetration target could be reached three years earlier than planned China's goal is to have 25 percent penetration of NEVs by 2025, but it now appears that target could be reached this year, according to a top…