New energy vehicles make strong showing at auto exhibition

"The exhibition this year provided chances for us to test the car ourselves instead of just listening to the staff's explanation; we can test-drive immediately and make a payment if we're satisfied. It's very convenient and efficient," Song Yi, a visitor at the exhibition, said.

New energy vehicles accounted for over 50 percent of the exhibition vehicles at the auto show. Historical data from the China Passenger Car Association shows that in 2020, the penetration rate of new energy vehicles in China was only 5.4 percent. The China Association of Automobile Manufacturers predicted that, based on the current growth trend, the penetration rate of new energy vehicles in China is expected to exceed 80 percent by 2030. This data marks the formal entry of China's new energy vehicle market into a phase of accelerated replacement of fuel-powered vehicles.