The Passenger Vehicle Association: Currently, based on the calculation framework of policies continuing into 2024, it is determined that in 2025, domestic vehicle retail will be 23.4 million units, an increase of 2%, with new energy Passenger Vehicle retail at 13.3 million, an increase of 20%, resulting in a penetration rate of 57%.
乘联分会：预计2025年新能源乘用车零售1,330万，增长20%
The Passenger Vehicle Association estimates that by 2025, new energy Passenger Vehicle retail will reach 13.3 million, an increase of 20%.
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