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China's EV exports plummet despite its market penetration rate exceeding 50% for four months

Staff reporter, Taipei; Heidi Tai, DIGITIMES Asia Friday 13 December 2024 0

Credit: BYD

China's domestic electric vehicle (EV) sales have maintained a penetration rate of over 50% for four consecutive months, reflecting strong growth in the domestic market, according to the China Association of Automobile Manufacturers (CAAM) on December...

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