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China: China National New Energy Vehicles

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Chongqing, China - April 11, 2025 Vehicles drive on a road in Chongqing, China on April 11, 2025. It is reported that by the end of 2024, China's new energy vehicle ownership reached 31.4 million. According to the analysis of the national passenger car market in March 2025, the retail penetration rate of new energy vehicles in the overall passenger car in China in March was 51.1%.

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