Electric car sales break records in China as Tesla Model Y sell out

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In the latest report from the China Passenger Car Association (CPCA), it was revealed that retail sales of new energy vehicles (NEVs) in the passenger segment achieved an unprecedented milestone last month. China saw a record-breaking figure of 841,000 units sold, surpassing the 800,000-unit threshold for the first time, and marking a historic moment as the penetration rate exceeded 40 percent.

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