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Following the Federation of passengers data in the first half of April 2024, the domestic retail penetration of new energy vehicles exceeded 50%. In the third week of May 2024 (13th-19th), the number of new energy passenger cars in China reached 16.CasinocardgamesThe penetration rate of new energy terminals exceeded 50% for the first time, reaching 50%.Casinocardgames.2%, surpassing fuel cars, making a major breakthrough!
From 2005 to 2015, new energy vehicles in ChinaCasinocardgamesIt took 10 years for the permeability to break through 1%. In more than three years from 2016 to 2019, the permeability increased to 5%. In 2020, China set a target of more than 50% penetration of new energy vehicles by 2035. Now, in only five years, the penetration rate has increased tenfold, and the national planning goal has been achieved 11 years ahead of schedule. This achievement indicates that new energy vehicles have surpassed traditional fuel vehicles, and a new era of green travel has quietly arrived. As early as the beginning of the first quarter of this year, BYD Wang Chuanfu boasted that the penetration rate of new energy vehicles would exceed 50% this year, but he did not expect it to be realized in the second quarter.
In this wave of reform of new energy vehicles, domestic brands continue to accelerate the transformation of new energy. With its leading three-power technology and vehicle intelligence, BYD has won the top spot in global electric vehicle sales for months, and brands such as Geely and Changan are also growing strongly. In April 2024, domestic sales of new energy vehicles reached 850000, an increase of 33.5% over the same period last year, showing the prosperity of the market.
The surge in insurance penetration of new energy vehicles is inseparable from the two-wheel drive of technological progress and policy support. On the one hand, new energy vehicles have made significant breakthroughs in battery technology, drive system, intelligent driving and so on, which make the performance of vehicles more superior and the cost of vehicles more friendly to the people. On the other hand, the government has issued a series of policies and measures to provide strong support for the promotion and application of new energy vehicles. With the dual drive of policy and technology, the new energy vehicle market shows a trend of vigorous development.
At the same time, with the continuous improvement of environmental awareness, more and more consumers not only pay attention to the appearance and performance of vehicles, but also care about the environmental protection and energy-saving properties of cars. With the change of consumption concept, new energy vehicles have become a new choice for consumers to buy cars. The smart driving, Internet connection and other high-tech configurations of new energy vehicles also meet the needs of consumers for intelligent and convenient travel, and further promote the prosperity of the new energy vehicle market.
Looking to the future, the continuous surge in insurance penetration of new energy vehicles indicates that green travel will become the mainstream trend. With the progress of technology and the continuous support of policies, new energy vehicle products will not only be more diversified, personalized and branded, but also their performance and quality will be continuously improved, and the accompanying car cost will also be more economical. It will also attract more consumers' attention and purchase. At the same time, the popularity of new energy vehicles will also lead to the development of related industrial chains, such as charging facilities, battery recycling and other fields will also usher in new development opportunities.
Under the background of the overall rise of China's new energy, joint venture fuel vehicles are "losing" the Chinese market at a very rapid speed. According to the latest data from the Federation of passengers, the market share of independent brands of new energy vehicles in China exceeded 60% in April.
To sum up, the penetration rate of new energy vehicles has both broken 50%. This moment of witnessing history is not only the inevitable result of the development of the market, but also an important signal of the change of the global automobile industry. In the future automobile market, the pace of new energy vehicles replacing traditional fuel vehicles will become bigger and bigger. New energy vehicles are no longer the "minority choice", but have become the mainstream choice of the automobile market!
