Production
In the passenger car segment, production surged from 9,243 units in early 2020 to 1,109,000 units by 2023, marking an impressive 11,896% increase. Similarly, commercial vehicles saw an increase from 708 units to 64,000 units, reflecting an 8,939% growth over the same period.
Battery Electric Vehicles (BEVs) increased from 8,342 units to 811,000 units, a 9622.18% increase (approximately 97.2-fold increase). Plug-in Hybrid Electric Vehicles (PHEVs) grew from 1,609 units to 360,000 units, marking a 22276.1% increase (approximately 223.7-fold increase).
Sales
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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