What is the share of electric cars in China?
China represents the largest and most rapidly expanding market for electric vehicles globally, with new energy vehicles—comprising battery electric vehicles and plug-in hybrids—consistently capturing a dominant fraction of total domestic passenger car sales. Driven by robust government subsidies, widespread charging infrastructure deployment, aggressive cost competition among local manufacturers, and strong consumer preference for smart mobility, the market share of electric cars in domestic monthly sales frequently exceeds major western automotive benchmarks.
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