In June 2022, the market share of new energy vehicles was 23.84%, of which the market share of new energy passenger cars was 25.60%. It is worth noting that the penetration rate of China's own brand new energy passenger cars is rising, reaching 43.66% in June 2022, accounting for over 40%; 1-6 months was 40.30%, far higher than the overall market level.

Historical data show that from 2005 to 20 15 years, China's new energy vehicles broke through 1% for 10 years; From 20 16 to the first half of 20 19, the permeability rose rapidly from 1% to 5% in more than three years. From the second half of 20 19 to the first half of 2020, due to multiple factors such as industry adjustment, the growth of new energy vehicles temporarily stagnated; But since the second half of 2020, the industry has embarked on the fast lane of growth. The latest data shows that the penetration rate of new energy vehicles in China has reached 2 1.6% in the first half of 2022.

China's new energy vehicles have entered a stage of large-scale rapid development. Stabilizing and expanding the consumption of new energy vehicles is an important way to ensure the stable development of the automobile industry. The Ministry of Industry and Information Technology will work with relevant departments to further expand the promotion scale of new energy vehicles and promote automobile consumption.

The double pull of policy-driven and market-driven has provided a solid foundation for the continued improvement of the new energy vehicle market.