On October 21, the China Auction Industry Association recently released the “Motor Vehicle Auction Market Development Status and China Motor Vehicle Auction Market Statistical Annual Report 2025”. As the penetration rate of new energy vehicles continues to rise, the share of new energy vehicles in the auction market is also increasing. According to the data, the auction share of pure electric and hybrid motor vehicles has both increased, and NEVs account for nearly 20% of the turnover.

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