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Cover Story: The Turning Point for China’s New-Energy Vehicles

By Yu Cong, Liu Ran, Lu Yutong and Denise Jia
2022年02月08日 15:56
Electric-auto sales may almost double again in 2022 as industry achieves critical mass with rising demand for increasingly competitive products
China’s new-energy vehicle (NEV) sales were up 181% last year from 2020 to 3.52 million.

China’s new-energy vehicle (NEV) industry set records in 2021. The country produced 3.54 million NEVs, including battery-electric cars and plug-in hybrids, and sold 3.52 million of them. Sales were up 181% from 2020 and exceeded the total of the previous three years. In 2021, NEVs made up 15.7 % of the country’s car market.

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