EV Industry

China's passenger NEV penetration at retail stood at 38 percent in November, up from 37.8 percent in October.

In October, China's NEV penetration at retail stood at 37.8 percent, up 7.6 percentage points from 30.2 percent a year earlier.

China's November wholesale sales of passenger NEVs are estimated at 940,000 units, up 29 percent year-on-year and up 6 percent from October, the CPCA said.

Jiyue has slashed the starting prices of both versions of the Jiyue 01 by RMB 30,000 and is compensating customers who have already taken delivery for the difference.

China's retail penetration of NEVs was 40.5 percent from November 1 to November 26, and 34.9 percent year-to-date.

China's retail penetration of NEVs in November is expected to be around 39.4 percent, up from 37.8 percent in October.

Retail penetration of NEVs in China was 41.3 percent in the November 1-19 period, and 34.8 percent year-to-date.

The two-door electric sports car is available in three versions in China and can accelerate from 0 to 100 kilometers per hour in 3.2 seconds.

China's retail penetration of NEVs was 41.3 percent in the November 1-12 period.

The auto show will feature a total of 1,132 vehicles, including 469 NEVs.