The sale of electric cars in China brought a significant surprise: it grew more than 40% in 2024. The percentage also includes hybrid vehicles, according to the China Passenger Car Association (CPCA).
These data confirm the growth of a sector that has been strongly supported by the government in recent years.
Thus, Almost half of last year’s retail vehicle sales, 47.6%, consisted of vehicles powered by alternative energies, according to the CPCA.
Electric car sales in China: encouraging numbers
China’s revolutionary electric cars.
“From January to December 2024, the volume of retail sales (of vehicles powered by alternative energies) reached 10.899 million units, a year-on-year growth of 40.7%,” reported the CPCA.
The Chinese electric vehicle market has experienced significant growth in recent years, driven in part by notable government incentives.
Almost half of last year’s retail vehicle sales, 47.6%, were alternative energy-powered vehicles, according to the association.
In December, more than 1.3 million vehicles of this type were sold, according to the association, representing a year-on-year increase of 37.5%. December was the fifth consecutive month in which more than a million were sold.
Even last year, the Asian country demonstrated its ability to meet these new needs of the planet with innovative vehicles, such as the one presented by Xpeng. It includes a unique helicopter built into the body.
It is the Land Aircraft Carrier, a pick-up that even comes with an incorporated aircraft. With a very distinctive aesthetic, the vehicle is 100% electric and has up to 1000 km of autonomy.
China, the world’s largest automotive market
The increase in electric vehicle sales.
China, which has the world’s largest automotive market, experienced fierce competition among local car manufacturers, in a context of declining consumption that drives a price war and weighs down profitability.
Foreign automotive giants, meanwhile, are trying to stem the decline in sales in the Asian giant, the world’s second-largest economy.
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