The latest data from the Passenger Transport Association,The domestic retail penetration rate of new energy vehicles was 40.4% in November, an increase of 4 percentage points from the penetration rate of 36% in the same period last year. This is alsoThe proportion of new energy vehicle retail sales in China exceeded 40% for the first time, meaning that for every 10 cars sold, 4 are new energy vehicles.

in,The penetration rate of new energy vehicles among independent brands is 62.1%; The penetration rate of new energy vehicles among luxury cars is 30.9%; while the penetration rate of new energy vehicles among mainstream joint venture brands is only 6.6%.

In November 2023, the retail sales of the passenger car market reached 2.08 million units, a year-on-year increase of 26% and a month-on-month increase of 2.4%.

Among them, the retail sales of self-owned brands were 1.15 million, a year-on-year increase of 30% and a month-on-month increase of 1.8%. The domestic retail sales share of self-owned brands in that month was 55.3%.

Mainstream joint venture brands retailed 660,000 vehicles, a year-on-year increase of 23% and a month-on-month decrease of 3%. In November, the retail share of German brands was 18.7%, down 0.4 percentage points year-on-year; the retail share of Japanese brands was 15.5%, up 0.2 percentage points year-on-year; the retail share of American brands reached 7.9%, down 1.5 percentage points year-on-year.