The market share of new energy vehicles has exceeded 50% for the first time

According to data released by the China Association of Automobile Manufacturers on November 11th, in October 2025, my country’s new energy vehicle (NEV) production and sales maintained rapid year-on-year growth. NEV sales accounted for 51.6% of total new vehicle sales, marking the first time the market share has exceeded 50%. Specifically, in October, NEV production […]