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Most EVs sold in China are actually hybrids which is why the category is called NEV, i.e. new energy vehicles.


I can't find any data to support this, just the figure that NEVs account for ~40% of new sales, no further breakdown. Do you have a reference, I'd be very curious to see the breakdown -- my view is biased by the high pure EV penetration in cities like Shenzhen.


> A total of 2.62 million passenger cars were sold in December, meaning the NEV penetration rate was 52.6%.

> Between January and November, BEV share was 58%, while PHEV share was 42% in China.

https://carnewschina.com/2025/01/08/early-data-shows-record-...




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