In the first quarter of 2023,Philippines Archives China dominated the global market for new energy light vehicles with sales reaching 1.33 million units, according to an August 21 report by Chinese news agency Jiemian, citing data from research firm Canalys. In the first quarter, global sales of new energy light vehicles reached 2.67 million units, with China accounting for 49.4% of the global total. During the same period, the penetration rates of new energy light vehicles exceeded 20% in the Greater China region and Western Europe, with the Greater China region surpassing 28%, the report stated. Pure electric vehicles were the primary driver of the new energy market, accounting for 71% of sales, according to the report. However, the penetration rate of pure electric vehicles in the Chinese market was at 67%, slightly below the global average. [Jiemian, in Chinese]
