Chinese Market: NEV Sales Trend in 2024

BEV and PHV sales and segment data

2024/12/19

Overview
NEV sales overview in the Chinese market (2023 - 2024)
Compact cars (A and B segments)
Mid-size and large vehicles (D, E, and F (D~F) segments)
Summary

Overview

China, the world's largest automobile market, has new vehicle sales exceeding 25 million units per year (in 2023), with many NEV (New Energy Vehicle: BEV, PHV, FCV) models being introduced and NEV sales increasing.

This report examines the sales trends of BEVs and PHVs in the Chinese market based on MarkLines' sales volume information (Note 1), and also organizes and analyzes NEV sales trends by segment.

Note 1: Total as of November 21, 2024
Some data include estimates
China sales volume (factory shipments) is an aggregate excluding exports
Click here to see the representative models for each segment.


Share by powertrain	Share by segment
Sales of new vehicles in China (Jan. - Oct. 2024)
Refer to: MarkLines Automotive Sales Dashboard

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Chinese Market: NEV Sales Trend in 2024

BEV and PHV sales and segment data

2024/12/19

Overview

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