From 2020 to 2023, China’s sales of New Energy Vehicles experienced remarkable growth.
In the passenger car segment, production surged from 11,481 units in early 2020 to 1,128,000 units by 2023, marking an impressive increase of approximately 9724%, a 97-fold increase. In the commercial vehicle segment (NEV CVs), production surged from 1,427 units in early 2020 to 64,000 units by 2023, marking an impressive increase of approximately 4384%, a 44-fold increase.
Sales of Battery Electric Vehicles (BEVs) surged from 10,680 units in early 2020 to 825,000 units by mid-2023, marking a 77.3-fold increase. Plug-in Hybrid Electric Vehicles (PHEVs) saw a rise from 2,228 units to 364,000 units, reflecting a 163.5-fold increase.
Raw data used for the chart and detailed source information (Download dataset)
Cite Chart: RenewStats.com. (2024). China, New Energy Vehicles, Sales by Type, Feb 2020 – Dec 2023. Retrieved from https://renewstats.com/technology/sustainable-transportation/2024/07/01/china-new-energy-vehicles-sales-type/
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