China’s NEV penetration to hit new high of 49.1% in June: survey

A view of a charging station that utilizes photovoltaic storage systems in Yiyuan county, Shandong province, in May 2023. ZHU ZHENG/XINHUA BEIJING – The penetration rate of new energy vehicles (NEVs) in China, a gauge of popularity, is expected to hit a new high of 49.1 percent in June, as the market continues to grow … Continue reading China’s NEV penetration to hit new high of 49.1% in June: survey