By the top of June, China’s pure electrical car possession stood at 12.594 million, accounting for 77.8 p.c of complete NEVs.
China’s new power car (NEV) possession reached 16.2 million automobiles by the top of June 2023, accounting for 4.9 p.c of the entire 328 million automobiles, based on knowledge launched immediately by the Ministry of Public Safety (MPS).
This represents a rise of 0.8 proportion factors in comparison with the top of 2022. Information launched originally of the yr confirmed that China’s NEV possession stood at 13.1 million on the finish of final yr, accounting for 4.1 p.c of the entire car fleet of 319 million.
By the top of June, China had 12.594 million pure electrical automobiles, or battery electrical automobiles (BEVs), accounting for 77.8 p.c of all NEVs, based on immediately’s knowledge.
A file 3.128 million NEVs have been registered within the first half of the yr, up 41.6 p.c year-on-year and accounting for 26.6 p.c of the 11.75 million new car registrations, the MPS mentioned.
From January to June, retail gross sales of recent power passenger automobiles in China rose 36 p.c to three.06 million models, based on preliminary knowledge launched by the China Passenger Automotive Affiliation (CPCA) on July 5.
Retail gross sales of all passenger automobiles in China from January to June have been 9.528 million models, up 3 p.c year-on-year, based on the CPCA, which implies that NEV penetration in China was 32.1 p.c within the first half of the yr.
A complete of 88 cities in China have greater than 1 million automobiles, 41 cities have greater than 2 million and 24 cities have greater than 3 million automobiles.
Beijing and Chengdu have greater than 6 million automobiles, and Chongqing, Shanghai and Suzhou have greater than 5 million automobiles.
The MPS doesn’t publish the variety of NEVs held in several cities. Earlier figures present that Shanghai had 945,000 NEVs by the top of 2022, accounting for 19.81 p.c of all car possession of 4.77 million at the moment.
By the top of 2022, Shanghai’s pure electrical car possession was 521,000, accounting for 55.13 p.c of all NEVs.
From January to Could of this yr, Shanghai registered 117,431 new NEVs, accounting for 49.5 p.c of all car registrations of 237,264, based on the Shanghai Financial Info Middle.
By the top of June, together with motorbike drivers, the variety of motorcar drivers in China reached 513 million. The variety of automotive drivers was 475 million, accounting for 92.7 p.c of the entire variety of drivers.
Within the first half of the yr, 11.91 million folks obtained new driving licenses in China, up 8 p.c year-on-year.
Shanghai NEV registrations up 27% MoM in Could