As of the end of June 2024, China's BEVs ownership amounted to 18.134 million vehicles, accounting for 73.35 percent of the total NEVs.
(File photo shows a Tesla Model 3 being charged. Image credit: CnEVPost)
China's new energy-vehicle (NEV) ownership continues to grow, as penetration approaches 50 percent.
At the end of June, China's NEV ownership reached 24.72 million vehicles, accounting for 7.18 percent of the total vehicle ownership of 440 million, according to data released today by China's Ministry of Public Security (MPS).
By the end of 2023, China's NEV ownership reached 20.41 million vehicles, accounting for 6.07 percent of the total vehicle ownership of 336 million vehicles, according to previously published data.
At the end of June 2022, China's NEV ownership reached 10.01 million vehicles, surpassing the 10 million milestone for the first time.
In China, NEVs include battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and fuel cell vehicles.
As of the end of June 2024, the ownership of BEVs in China stood at 18.134 million, accounting for 73.35 percent of the total number of NEVs.
In the first half of 2024, new registrations of NEVs amounted to 4,397,000 units, representing a year-on-year increase of 39.41 percent, and accounting for 41.42 percent of new vehicle registrations.
In the first half of 2024, China registered 12.42 million new vehicles, according to the MPS.
Ninety-six cities in China have more than 1 million vehicles, 43 cities have more than 2 million vehicles and 26 cities have more than 3 million vehicles.
Chengdu, Beijing and Chongqing have more than 6 million vehicles, while Shanghai, Suzhou and Zhengzhou have more than 5 million.
By the end of June, including motorcycle drivers, the number of motor vehicle drivers in China reached 532 million. The number of automobile drivers was 496 million, accounting for 93.17 percent of the total number of drivers.
In the first half of 2024, the number of newly licensed drivers in China was 13.97 million, a year-on-year increase of 17.36 percent.
China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%
