Lates News

On June 26th, William Li, founder, chairman, and CEO of NIO, stated at the 2026 NIO Partner Day that by 2030, the penetration rate of new energy vehicles in the Chinese new car market will exceed 90%, with pure electric vehicles accounting for over 90% of the new energy vehicle market. Data from the China Association of Automobile Manufacturers shows that in May 2026, the penetration rate of new energy vehicles in the Chinese new car market reached 62.9%, with pure electric vehicles accounting for 67.1%. (Yicai)