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Express News | Nio establishes new energy technology company in Anqing, including AI software development business
The 30,000-Unit Trap for New Forces
The hardest part is just beginning.
From 1% to 60% —— What does the day when plug-in hybrids surpass pure electric vehicles mean for China’s new energy vehicle penetration rate after a decade?
In April 2026, a set of data quietly appeared in the weekly report of the China Passenger Car Association: the retail penetration rate of new energy vehicles exceeded 59%. There was no celebration, no press conference, and most financial media outlets did not feature it on their front pages. People were more focused on BYD’s sales rankings that month or which automaker had released a new product. But this figure itself is worth pausing to reflect upon. Rewind eleven years. In 2015, the penetration rate of new energy vehicles in China was less than 1%. That year, those who bought new energy vehicles were either compelled by license plate restrictions in certain cities or were early adopters driven by curiosity. The density of charging stations was insufficient, and the driving range
Nio Provides 1 Million Battery Swaps During May Day Holiday
1 Million Battery Swaps Ensure Smooth Travel! Nio Power Releases User Charging Report for the 2026 May Day Holiday
Nio Power officially released its user charging report for the May Day holiday in 2026. From May 1 to May 5, Nio Power provided over 15.43 million kWh of charging and battery swapping services on highways, accounting for 16.3% of the total charging and swapping volume on national highways.
The Passenger Car Association estimates that in April, new energy vehicle wholesale volumes from manufacturers across the country will reach 1.22 million units, marking a 7% month-on-month increase.
On May 7, the Passenger Car Association released a fast report on wholesale sales of new energy passenger vehicles by manufacturers in April 2026. According to preliminary aggregated calculations for April 2026, new energy wholesale sales by national passenger vehicle manufacturers reached 12.2 million units, representing a year-on-year increase of 7% and a month-on-month increase of 7%, achieving dual growth. The initial signs of an industry recovery are becoming evident.