{
Calbee, Inc.

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}
001122334455554433221100
001122334455554433221100

China's new energy vehicles surpass 50 percent market share for first time

In March 2025, new energy vehicles (NEVs) achieved a historic 51.1% market share in China's passenger car sales, marking a significant 8.7 percentage point increase from the previous year. Domestic brands led this surge with a 72% NEV penetration, while joint ventures lagged at 6%. The growth is attributed to government support, evolving consumer preferences towards plug-in hybrids, and the competitive landscape reshaping as traditional automakers struggle to keep pace with local manufacturers.
Tech in Asia
Chinese Yuan Volkswagen AG XIAOMI-W XPeng Inc. Tesla, Inc. Toyota Motor Corp CATLOKI USD Calbee, Inc. CHN Show more
Business & Industry, Market Report
06:40 13.04.2025

China's EV battery market sees BYD growth amid CATL decline in February

In February, China's power battery installations reached 34.9 GWh, marking a 94.1% year-on-year increase but a 10.1% decline from January. CATL led with a 44.45% market share, while BYD's share grew to 23.62% due to a 163.95% rise in NEV sales. LFP batteries dominated the market, accounting for 81.5% of total installations.
CnEVPost
Chinese Yuan Hong Kong Dollar EVE Energy Co., Ltd. CATLOKI USD Gotion High-tech Co.,Ltd. Calbee, Inc. LG Energy Solution, Ltd. CHN Show more
Business & Industry, Market Report
11:25 11.03.2025
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