electric vehicle market in china


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  • Will China impose a mandate on electric cars?

    This article appears in the Autumn 2020 issue of Energy Futures, the magazine of the MIT Energy Initiative. China recently imposed a mandate on automakers requiring that electric vehicles (EVs) make up 40 percent of all sales by 2030. An MIT study finds the cost will be substantial.

  • Will EV sales grow in China in 2022?

    EV sales in China grew by 82% in 2022. Image: EV Volumes. EV Volumes predicts global sales to increase by 36% in 2023 over the year before to more than 14 million vehicles. By the end of this year, it expects 40 million EVs to be on the world’s roads, with 73% of these being battery vehicles and 27% plug-in hybrids.

  • Why is the electric vehicle market growing in China?

    The electric vehicle market in China is witnessing significant growth, fueled by an increase in EV production and sales, the presence of key manufacturers, and escalating environmental concerns that are shifting focus towards sustainable transportation.

  • Which countries sell the most electric cars in 2021?

    This brought EV sales to about 5% of global passenger car sales in 2021. China conveniently topped the global sales charts in 2021 with more electric vehicles sold than the rest of the world combined and almost five times more than Germany, which was in second place.

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