China's NEVs to Reach 70% of New Car Sales by 2030, Overseas Sales Near 10M Units

Published: Jun 6, 2026 15:28
The China Society of Automotive Engineers predicts that by 2030, NEVs will account for over 70% of new passenger car sales in China. Meanwhile, China's overseas vehicle sales will approach 10 million units, with about 40% of these sales coming from localized production and sales outside China.

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The China Society of Automotive Engineers predicts that by 2030, NEVs - Shanghai Metals Market (SMM)