Characteristics of domestic commercial vehicle insurance in China in November 2024

According to the compulsory traffic insurance data of the Financial Bureau, the sales volume of new energy commercial vehicles from January to November 2024 will reach 500,000 units, a year-on-year increase of 80%. In November, the penetration rate of new energy commercial vehicles reached 25%, an increase of 9 percentage points compared with 16% in November last year.