Cui Dongshu: By August 2025, the penetration rate of new energy will reach 30%.

The Secretary-General of the China Association of Automobile Manufacturers, Cui Dongshu, stated in a document that by 2024, the penetration rate of new energy commercial vehicles in the commercial vehicle market will reach 20%, showing a significant improvement compared to 2023. In August 2025, the penetration rate of new energy vehicles reached 30%, an increase of 7 percentage points from August of the previous year, demonstrating relatively strong performance. From 2019 to 2021, the overall penetration rate of new energy commercial vehicles was around 3%. It reached 9% in 2022, 11% in 2023, and is expected to reach 20% by the end of 2024. By August 2025, the penetration rate is expected to reach 25%, reflecting the strong growth trend of new energy commercial vehicles. In August 2025, the penetration rate of new energy commercial vehicles in the commercial vehicle market reached 30%, an increase of 7 percentage points compared to the same period, and a stronger growth rate than passenger vehicles.