Home > NEWS > China > Energy Information >


China’s passenger NEVs account for 62 pct of global market in January-February

Release Date:2024-04-07 17:08:30     Source:Xinhua

China's new energy vehicles (NEVs) captured a 62 percent share of the global NEV market in the first two months of this year, according to Cui Dongshu, secretary general of the China Passenger Car Association.

Additionally, China has achieved a remarkable 70 percent market share in the global plug-in hybrid market during the January-February period.

Citing data indicating that global automobile sales reached 12.65 million units in the first two months, including 1.9 million NEVs, Cui emphasized China's pivotal role in the automotive industry's green transition.

Cui attributed China's robust performance in the Southeast Asian market to a strong domestic supply chain, resulting in increased domestic sales and exports.

Continuing the growth trend observed in 2022, when China's NEV market share exceeded 60 percent of the world total, the country further solidified its market leadership in 2023 by surpassing 9 million units both in production and sales, marking nine consecutive years at the forefront of the global NEV market.


About us | Contact us | Legal notice

Sponsored by National Energy Administration          Operated by China Information Corporation

Registration number:11044902

It's recommended to use the Chrome,Firefox,IE9 and above browsers to get a better view.