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No. of Newly Registered NEVs in CN Hikes 39.4% YoY in 1H24, Logging Record High
Xinhua News Agency reported that citing the latest statistics released by the Ministry of Public Security, as of the end of June 2024, the number of motor vehicles in China reached 440 million, of which 345 million were automobiles. There were 532 million motor vehicle drivers, including 496 million car drivers.
According to the data, in 1H24, there were 16.8 million newly registered motor vehicles and 13.97 million newly licensed drivers.
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As of the end of June, the number of new energy vehicles in China reached 24.72 million. In 1H, the number of newly registered new energy vehicles increased by 39.41% YoY to 4.397 million, a record high.
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