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The latest breakthrough! The retail sales of new energy passenger vehicles exceeded that of fuel vehicles for the first time

Beijing, Aug. 8 (Xinhua) Topic:The latest breakthrough! The retail sales of new energy passenger vehicles exceeded that of fuel vehicles for the first time.

Xinhua News Agency reporter Gao Kang and Wu Huijun

Historic transcendence!

Historic transcendence! The domestic monthly retail sales of new energy passenger vehicles exceeded that of traditional fuel passenger vehicles for the first time, marking that new energy vehicles are becoming the mainstream of the market.

On the 8th, the Passenger car Market Information Joint Branch of the China Automobile Dealers Association released the latest data showing that in July, the domestic retail penetration rate of new energy passenger vehicles reached 51.1%; A total of 840,000 conventional fuel passenger vehicles and 878,000 new energy passenger vehicles were retailed.

This breakthrough is a vivid portrayal of the transformation and upgrading of China’s automotive industry and an important milestone in the green transformation of the global automotive industry.

In September 2020, the total production of new energy vehicles in China reached 5 million; In February 2022, the number exceeded 10 million. In July 2023, the 20 millionth vehicle rolled off the production line; By the end of June 2024, the cumulative production and sales of domestic new energy vehicles will exceed 30 million.Behind this series of figures, it is the common help of market, policy, technology and other factors.

New forces in car manufacturing and some Internet companies, relying on technological innovation and flexible market strategies, have become the “catfish” to move the market; Traditional car companies have increased their investment in the field of new energy, accelerating the transformation to electrification and intelligence…

The “spring breeze” of policies such as sending cars to the countryside, reducing and reducing purchase taxes, and replacing old ones with new ones continues to release warmth for the new energy vehicle market. As the industrial layout becomes more perfect and the technology continues to mature, China’s new energy vehicles show strong competitiveness and innovation, developing from “a spark” to “a prairie fire”.

The monthly penetration rate of the passenger car market exceeded 50% for the first time, and new energy vehicles will “run faster and faster”!

More car buying options.

With the increase in sales, car companies will launch more and more new energy models, from economy cars to high-end luxury cars, from SUVs to MPVS, to meet the diversified and personalized consumer needs of the masses.

The economic cost is lower.

The charging cost is high, the charging cost of new energy vehicles is much lower than the fuel cost, and the maintenance cost is relatively low.

Better car experience.

With the improvement of technologies such as batteries, motors, intelligent network connections and artificial intelligence, the driving range of new energy vehicles continues to increase, and the power performance and intelligence level are becoming stronger and stronger.

Travel is more convenient.

As of the end of June this year, the total number of charging piles in the country reached 10.244 million units, an increase of 54% year-on-year, ensuring the charging demand of 24 million new energy vehicles, and bringing more convenience to pure electric travel.

“In line with The Times, the automotive industry will accelerate the transformation to electrification and intelligence.” Cui Dongshu, secretary general of the Passenger Car Market Information Joint Branch of the China Automobile Circulation Association, believes that in the future, with the continuous integration of new technologies such as intelligent network connection and artificial intelligence, cars will be given more possibilities and sail to the distance of intelligent and green travel.

Original from: Xinhuanet.com

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