China's NEV Retail Penetration Above 60% for Six Straight Months, 7.7 Million Units Sold in First Three Quarters
At an October 19 State Council Information Office briefing on the first three quarters, officials said China's NEV domestic retail penetration stayed above 60% for six co…
At an October 19 State Council Information Office briefing on the first three quarters, officials said China's NEV domestic retail penetration stayed above 60% for six consecutive months, with NEV passenger-car retail surpassing 7.7 million units in the first nine months. The figures underline NEVs' shift from niche to mainstream family choice and their role as a benchmark of green, new-quality productive forces. Upstream, lithium-ion battery output for industrial use rose 39.5% and auto-use Li-ion battery output stayed high, while high-tech manufacturing value added grew 14.3%, with NEVs and batteries among the key drivers.
Source: China Energy Network / State Council Briefing, Oct 19, 2026 | 2026-10-19
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