Accelerating the Electric Pivot: Analyzing the 53% Market Penetration of China’s NEV Sector
The April data from the China Association of Automobile Manufacturers (CAAM) confirms a pivotal shift in the global automotive landscape, as New Energy Vehicles (NEVs) have officially crossed the 50% threshold in monthly sales share. Reaching a market penetration of 53.2% is not just a seasonal fluctuation; it is a structural transformation. For an industry […]
