Finished oil: February new energy vehicle market penetration rate rebounds

SadMoneyMeow

2026-03-18 02:06:21

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Refined Oil: February New Energy Vehicle Market Penetration Rises

In February, new energy vehicle sales reached 765,000 units, with a market penetration rate of 42.38%, an increase of 2 percentage points month-over-month. According to data from Zhuochuang Information, in February, new energy vehicles replaced 3.75 million tons of domestic gasoline consumption, accounting for 23.6% of the total. Although the Spring Festival holiday boosted immediate gasoline demand, the penetration rate of new energy vehicles has gradually remained high. Despite factors like purchase tax policies affecting consumer enthusiasm, the economic advantages of new energy vehicles are clear, and the market penetration rate is expected to continue rising, further increasing the substitution of gasoline consumption.

(Edited by: Liu Jing HZ010)

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