The proportion of new energy vehicle sales in my country continues to rise

The latest data released by the China Association of Automobile Manufacturers today (11th) shows that in October, my country's automobile production and sales both exceeded 3 million units, showing a certain increase from the previous month. Among them, the sales proportion of new energy vehicles continued to rise.

The latest data shows that in October, my country's new energy vehicle production and sales reached 2.017 million and 1.94 million units respectively, a year-on-year increase of 13.8% and 13.1% respectively. New energy vehicle sales accounted for 64.3% of the total new automobile sales. Since the beginning of this year, my country's new energy vehicle market has continued to consolidate its dominant position, and its cumulative sales ratio has continued to increase, reaching 54.8% from January to October. Taking new energy passenger vehicles as an example, the domestic market share in October exceeded 70%. Experts said that the continued increase in the proportion of new energy vehicle sales in my country is not a short-term phenomenon, but the result of the iteration of industrial technology, improvement of product capabilities, and increased market acceptance.

The latest data from the China Association of Automobile Manufacturers also shows that my country's automobile exports have exceeded 1 million units for five consecutive months, and the proportion of new energy vehicle exports has exceeded 50% for five consecutive months. Among them, in October, 606,000 new energy vehicles were exported, a year-on-year increase of 1.4 times.

(CCTV reporters Zhu Jiang and Luo Hongjin)