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2026-01-09 16:22:32
The China Passenger Car Association (CPCA) issued a report stating that the domestic retail penetration rate of new energy vehicles (NEVs) reached 59.1% in December. Due to the impending expiration of the NEV purchase tax exemption policy, NEVs exhibited a strong growth trend, exceeding that of gasoline vehicles by 32.6 percentage points. The nearly 60% NEV penetration rate signifies that the market has entered a new "new energy-dominated" stage, requiring timely policy adjustments to promote harmonious and high-quality development of the industry. From January to December 2025, exports of domestically produced gasoline passenger vehicles reached 2.87 million, a decrease of 7%, while exports of domestically produced NEVs reached 2.04 million, an increase of 139%, with NEVs accounting for 49.5% of domestic exports. With the growth of CKD (Completely Knocked Down) exports, China's passenger car exports have shifted from "simply selling cars" to "the entire industry chain going global," and from high-speed growth in quantity to a leap in quality.
