China's new-energy passenger vehicle market continued to see robust growth in November,with retail sales reaching nearly 1.27 million units,industry association data showed on Monday.
The figure marked a 50.5 percent year-on-year increase and a 5.9 percent jump from the previous month,according to the China Passenger Car Association(CPCA).
In November,production of new-energy passenger vehicles reached about 1.48 million units,representing a 49.3 percent year-on-year increase and a 7.1 percent rise from the previous month.
The penetration rate of new-energy vehicles,a gauge of popularity,in the domestic market climbed to 52.3 percent last month,according to the data.
During the first 11 months of the year,total retail sales of new-energy passenger cars amounted to 9.59 million units,representing a 41.2 percent increase from the previous year,the CPCA data showed.
On the export front,China shipped about 80,000 new-energy passenger vehicles last month,down 6.3 percent year on year.
From January to November this year,total exports of new-energy passenger vehicles reached about 1.17 million units,a 24.6 percent increase compared to the same period in 2023,the association said.
(Picture: Veer)