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 achieved a record 4.397 million new energy vehicle (NEV) registrations in the first half of 2024, marking a 39.41% year-on-year increase and bringing total NEVs on the road to 24.72 million.