China’s NEV Ownership Surges to Over 31 Million by End of 2024
China’s NEV ownership has surged to 31.4 million by the end of 2024, marking a 260-fold increase over the past decade, showcasing the nation’s dedication to sustainable transportation.
News & Insights Across Asia
China’s NEV ownership has surged to 31.4 million by the end of 2024, marking a 260-fold increase over the past decade, showcasing the nation’s dedication to sustainable transportation.
China’s EV market is accelerating rapidly, driving a 54% surge in charging infrastructure to over 10 million units. The expansion meets the needs of 24 million new energy vehicles and reflects booming EV adoption.