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09 Jul

China's EV sales rise 28.6% in June

China’s passenger electric vehicle retail sales increased 28.6% on-year in June to 856,000 units, according to the China Passenger Car Association (CPCA).  Penetration rate reached 48.4% in the month, which is 13.5 percentage points higher than in June 2023. Cumulatively, in January-June, passenger EV retail sales exceeded 4.11 million units, up 33.1% y-o-y, Kallanish learns. Chinese legacy carmakers took a 68% share of all passenger EV retail sal…
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