The so-called penetration rate is a concept used to measure the popularity or market share of a product or service in a specific market. Data show that in July, the new energy vehicle market retail sales of 878,000 units, an increase of 37% year-on-year, an increase of 3% month-on-month. The domestic retail penetration rate of new energy vehicles was 51.1%, 15 percentage points higher than that of 36.1% in the same period last year. In other words, more than half of every 100 new passenger car sales are new energy vehicles.
Experts said that the penetration rate of new energy for domestic passenger cars exceeded 50%, and the popularity of the new energy vehicle market has reached a new level, which is worth paying attention to. This is mainly due to the empowerment of the industrial chain advantages brought by the continuous strength of China's manufacturing industry, and the batteries, motors, and chips in the equipment manufacturing industry and parts industry have strong advantages.
