China holds 49.4% of global new energy light vehicles market by Q1 sales · TechNode

Within the first quarter of 2023, China dominated the worldwide marketplace for new vitality mild automobiles with gross sales reaching 1.33 million models, in accordance with an August 21 report by Chinese language information company Jiemian, citing information from analysis agency Canalys. Within the first quarter, world gross sales of latest vitality mild automobiles reached 2.67 million models, with China accounting for 49.4% of the worldwide whole. Throughout the identical interval, the penetration charges of latest vitality mild automobiles exceeded 20% within the Larger China area and Western Europe, with the Larger China area surpassing 28%, the report acknowledged. Pure electrical automobiles had been the first driver of the brand new vitality market, accounting for 71% of gross sales, in accordance with the report. Nonetheless, the penetration charge of pure electrical automobiles within the Chinese language market was at 67%, barely under the worldwide common. [Jiemian, in Chinese]

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