China NEV penetration exceeds 50 %.
"From April 1-14, retail sales of passenger NEVs in China totaled 260,000 units, up 32 percent from the same period last year and up 2 percent from the same period last month, according to data released today by the China Passenger Car Association (CPCA)."
"China's retail penetration of NEVs was 50.39 percent in April 1-14, and 38 percent year-to-date."
https://cnevpost.com/2024/04/17/china-nev-retail-260000-in-apr-1-14-2024/
EV and battery thread, page-179
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