China NEV market penetration to exceed 50 % within the next three months according to BYD chairman:
""The penetration rate of NEVs crossed 48.2 percent last week, and if it continues at this rate, I estimate that the penetration could cross 50 percent in the next three months," Wang said in a speech at the China EV 100 Forum in Beijing today."
https://cnevpost.com/2024/03/16/byd-chairman-china-nev-penetration-to-exceed-50-in-3-months/
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