According to a recent report by CCTV News, data from the China Machinery Industry Federation shows that in the first half of this year, the penetration rate of new energy vehicles (NEVs) in China reached 44.3%, hitting a new historical high for the same period.
Data from the Passenger Car Association reveals that in June 2025, the retail penetration rate of NEVs in China's overall passenger vehicle market stood at 53.3%, an increase of 4.8 percentage points compared to the same period last year.
In domestic retail sales in June:
·The NEV penetration rate among self-owned brands reached 75.4%;
·The NEV penetration rate in luxury vehicles was 30.3%;
·The NEV penetration rate among mainstream joint-venture brands was only 5.3%.
Data from the Passenger Car Association also indicates that the total retail sales of narrow-sense passenger vehicles in China are expected to reach approximately 1.85 million units in July this year, a year-on-year increase of 7.6% and a month-on-month decrease of 11.2%. Among them, retail sales of NEV models are expected to reach around 1.01 million units, with the penetration rate projected to rise to 54.6%.
Zhu Yunyao, Deputy Chief Engineer of the Policy Research & Consulting Center at China Automotive Engineering Research Institute Co., Ltd., predicted: "China's future development will definitely be dominated by green electricity as the main energy source. Overall, we anticipate that the penetration rate of NEVs in China will reach approximately 50% by 2025, 70% to 75% by 2030, and 85% to 90% by 2035."
(Reprinted from China Grid https://news.eccn.com)