China's new energy vehicles will account for 68% of the global market by 2023

According to data from Cui Dongshu, secretary general of the China Passenger Car Association, China's new energy passenger vehicles will account for 63.5% of the global new energy vehicle market in 2023, with a market share of 68% in December. In 2023, global automobile sales will reach 89.18 million units, of which new energy vehicle sales will account for 14.28 million units, and the sales share of fuel vehicles will decline relatively.