Data from the China Passenger Car Association shows that in December, the penetration rate of Electric Vehicles in domestic retail was 49.4%, an increase of 9.1 percentage points compared to the same period last year. In December's domestic retail, the penetration rate of Electric Vehicles among self-owned brands was 71.3%; the penetration rate among luxury cars was 33.9%; while the penetration rate among mainstream joint venture brands was only 4.8%. Looking at the monthly domestic retail share, in December, the retail share of mainstream self-owned brand Electric Vehicles was 72%, a year-on-year increase of 2 percentage points; the share of joint venture brand Electric Vehicles was 2.8%, a year-on-year decline of 2 percentage points; the share of new forces was 17.2%, with brands like Xiaomi Autos driving a year-on-year increase of 2.3 percentage points in new forces share; Tesla's share was 6.4%, a year-on-year decline of 1.6 points.
乘联会:12月国内零售中自主品牌新能源车渗透率71.3%
According to the China Passenger Car Association, the penetration rate of domestic retail for self-owned brand Electric Vehicles in December was 71.3%.
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