China’s NEV Sales Hit Record 12 Million in 2024, Leading Global Market
China’s NEV production and sales have surpassed 12 million in 2024, marking a record-breaking year and solidifying its global leadership in the electric vehicle market.
News & Insights Across Asia
China’s NEV production and sales have surpassed 12 million in 2024, marking a record-breaking year and solidifying its global leadership in the electric vehicle market.
Chinese and European automakers are strengthening their collaboration in the booming NEV market, with significant investments and joint ventures enhancing production and innovation on both continents.
China’s NEV sales surged by 32% in the first half of 2024 to 4.94 million units, highlighting the nation’s rapid shift towards sustainable transportation and its influence on the global automotive industry.
China’s 2024 Beijing Auto Show showcased a remarkable surge in new energy vehicles, reflecting China’s booming NEV market and its significant impact on the global automotive industry.