BYD sees NEV share reaching 50% in the next 3 months in China
After new energy vehicles (EVs and PHEVs) crossed 48.2% last week in China, BYD’s CEO Wang Chuanfu said at this rate, 50% NEV share could happen in the next three months.
BYD chairman predicts 50% NEV share in China sooner
“The penetration rate of NEVs crossed 48.2 percent last week, and if it continues at this rate, I estimate that the penetration could cross 50 percent in the next three months,” Wang explained at the China EV 100 Forum in Beijing over the weekend.
Just a month ago, BYD’s CEO…