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CN Commercial NEV Penetration Rate Jumps to 29% in Jun: CPCA
On the back of the strong growth of NEVs and policies promoting vehicle renewal, China's domestic sales of commercial vehicles in June rose by 17% YoY or 1% MoM to 260,000 unit...
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CN Commercial NEV Penetration Rate Jumps to 29% in Jun: CPCA
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On the back of the strong growth of NEVs and policies promoting vehicle renewal, China's domestic sales of commercial vehicles in June rose by 17% YoY or 1% MoM to 260,000 units, according to Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA).

Specifically, the growth trend of commercial new energy vehicles (NEVs) was favorable, with their penetration rate leaping by 8 ppts to 29% compared to 21% in June last year.

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