Shulou(Shulou.com)12/24 Report--

CTOnews.com, December 10, according to the Federation of passengers, retail sales in the passenger car market reached 2.08 million units in November 2023, an increase of 26% year-on-year and 2.4% month-on-month. Retail sales for the whole year are expected to reach 21.5 million units, an increase of 5 per cent year-on-year.

Cui Dongshu, secretary general of Tuyuan Pexels Association, said that at present, the penetration rate of new energy vehicles is the highest, A00 minicars have a penetration rate of 100%, while the penetration rate of A0 class new energy vehicles has reached 66% in November, while the penetration rate of B-class vehicles has increased significantly to 45%.

CTOnews.com also noted that the penetration rate of A-class cars exceeded 24% in November this year, but it is still the lowest of all classes, with an average annual increase of relatively slow.

It is said that new energy vehicles accounted for a strong proportion of 28% in 2022, while the contribution of new energy vehicles in the first 11 months of this year has reached 36%, and he believes that the contribution of new energy vehicles will still increase slightly in the future.

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