China's New Energy Vehicle (NEV) sales reached 6.94 million and NEVs accounted for 44.3 percent of China's total new car sales in the first half of 2025, according to the CAAM.

The Plug-in Hybrid Electric Vehicle (PHEV) market in China has outpaced the growth of pure Battery Electric Vehicles (BEVs) for over two consecutive years. The advantage in energy replenishment efficiency has always existed, and economic efficiency is the main reason for the current PHEV boom.

In China's domestic NEV segmentation, passenger vehicles lead commercial vehicles in NEV adoption

Source: China Association of Automobile Manufacturers