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NEV penetration rate in China surpasses 10% in first eight months: MIIT

Source: pdnews.cn pdnews.cn
News Snapshot:

A senior Chinese industry official said the market penetration rate of new-energy vehicles (NEVs) in China likely reached more than 10 percent in the first eight months of the year, hefty growth for the world's biggest vehicle market, as it forges ahead with its net-zero goals and as more automakers lay out electrification strategies. An electric vehicle is connected to one of the charging points at a newly-opened electric vehicle charging station in the underground parking lot of the Wukesong sports center in Beijing, capital of China, May 16, 2020. (Photo: Xinhua) Carmakers in China sold about 1.7 million NEVs…

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