China's New Energy Vehicle (NEV) market has experienced a remarkable transformation over the past decade, with the penetration rate soaring from a mere 1% in 2013 to a staggering 60% in 2023. A significant milestone has been reached, as plug-in hybrids are now set to surpass pure electric vehicles in popularity. This shift holds profound implications for the country's automotive industry, energy landscape, and environmental goals. As China continues to strive for carbon neutrality, the increasing adoption of plug-in hybrids could provide a crucial stepping stone towards a more sustainable transportation future.


From 1% to 60%: China's New Energy Vehicle Penetration Rate Took 10 Years. What Does the Day When Plug - in Hybrids Exceed Pure Electric Vehicles Signify?  36氪