The Chinese mainland auto market is charging ahead, with April 2025 marking a record period of growth. Data from the China Passenger Car Association shows retail sales of passenger vehicles reached 1.7 million units—a 14.5% jump compared to last year. This surge is one of the strongest April performances in the past decade!
The real star of the show is the rise of new energy vehicles (NEVs). In April alone, NEV retail sales hit 905,000 units, a striking 33.9% increase year-on-year. Today, over half of all passenger car sales are electric, achieving a 51.5% retail penetration rate. ⚡
Government incentives, including nationwide replacement programs and tax exemptions, have played a big part in this automotive revolution. Domestic brands such as BYD, Geely, Chery, and Changan continue to dominate the NEV space, with a remarkable NEV penetration rate of 72.8% in April.
As consumer trends shift towards eco-friendly and technologically advanced vehicles, the Chinese mainland auto market is setting the pace for a global transformation. Stay tuned for more updates as this exciting journey speeds ahead!
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China's auto market sees strong growth amid shifting consumer trends
cgtn.com
