Sun Hong of Geely holding Group: the permeability of new energy vehicles will reach 90% in the next few years.

CTOnews.com, October 30, according to the Financial Associated Press, Sun Hong, vice chairman of Zhejiang Geely holding Group, said in an interview during the second session of the Boao Forum for Asia Global Economic Development and Security Forum that the penetration of new energy vehicles will gradually increase. By June this year, the company's new energy penetration rate has exceeded 40%, and plans to reach 90% in the next few years.

CTOnews.com learned from Geely Holdings's official announcement that Geely Holdings sold a total of 264400 vehicles in September, up 26% from a year earlier. Sales of new energy vehicles were 93700, up 38 per cent from the same period last year, with a new energy penetration rate of 35 per cent.

Geely Automobile Group (including Geely, Lecker, Polar Krypton and Ruilan) sold 170472 vehicles in September, up 31% from the same period last year and 12% from the previous month, setting a new monthly sales record. for eight consecutive months, it has maintained year-on-year and month-on-month growth of 53692 new energy vehicles, an increase of about 14 per cent and 37 per cent over the same period last year.