🌍✨ Chart: A record two-thirds of car sales in China are now electric vehicles
Why we’re watching: Print article Share Article Contents Expand menu Close NEV record Impact of Hormuz NEV demand down Exports surge For the first time, new-energy vehicles (NEVs) made up 67% of new car sales in China in September, according to the latest data from the China…
The figures show that NEVs, which include battery electric cars and plug-in hybrids, captured a record share of sales, even though fewer were sold than last year. 💚
This is because sales of combustion-engine cars are falling steeply, a trend that the CPCA has attributed to rising petrol prices following the start of the Hormuz crisis.
⚡ Why this matters
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🔭 What to watch next
- 📌 Key signal: Print article Share Article Contents Expand menu Close NEV record Impact of Hormuz NEV demand down Exports surge For the first time,…
- ✅ Watch for measurable follow-through, not just announcements.
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Reporting curated for GreenTV. Original reporting via Carbon Brief.