Auto Insights|Analysis Brief of New Energy Vehicle Sales Ranking in December 2023
In December, the domestic retail penetration rate of new energy vehicles (NEVs) reached 40.1%, indicating a steady trend in the market share of NEVs.
The retail sales volume of NEVs reached 947,000 units, continuing to set a new monthly high over the past two years, showing a growth of 48.01% compared to the same period last year. Among them, the retail sales of pure electric vehicles (EVs) totaled 599,000 units, a year-on-year increase of 31.57%, contributing to 63.3% of the total performance. The retail sales of plug-in hybrid electric vehicles (PHEVs) reached 348,000 units, with a year-on-year growth of 88.59%, accounting for 36.7% of the NEV market.
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