Key Allies China analysis on NEV market in December 2022

NEV (New Energy Vehicles) monthly sales data and market analysis

2023/01/31

NEV (New Energy Vehicle) sales volumes

 This report is based on the “New Energy Vehicle (NEV) Industry Research Report” prepared by the Chinese consulting firm Key Allies; the report was edited and translated by MarkLines.

Related reports:

Key Allies China analysis on NEV market in November 2022（December 2022）
Key Allies China analysis on NEV market in October 2022（November 2022）
Key Allies China analysis on NEV market in September 2022（October 2022）

 

Table 1) EV, PHV, and FCV sales volume (units) Table 2) Sales shares of EVs, PHVs, and FCVs

(China registrations)

  In 2022, among the sales of New Energy Vehicles, sales of EVs (electric vehicles) reached 4,284,000 units, up 68.0% year-over-year (y/y); 1,262,000 units of PHVs (plug-in hybrid electric vehicles) were sold, reflecting an increase of 139.5% y/y; and 5,005 units of fuel cell vehicles (FCVs) were sold in 2022, reflecting a 163.8% y/y increase. EVs and PHVs accounted for 77.2% and 22.7% of total NEV sales volumes, respectively.

  By province, sales in 2022 were 828,000 units in Guangdong, up 82.1% y/y. 635,000 units were sold in 2022 in Zhejiang, up 98.4% y/y, and 502,000 units were sold in Jiangsu, reflecting an increase of 98.4% y/y. By city, sales in Shanghai were 350,000 units, up 39.3% y/y; in Shenzhen, sales were 251,000 units, up 49.2% y/y; and in Hangzhou, sales were up 79.4% to 216,000 units.

Table 3) Top 10 provinces and cities by NEV sales (thousand units)
Table 4) NEV sales volume of the top 10 OEMs in the top 3 provinces (units)

(China registrations)

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