The number of new energy vehicles in China has reached 16.2 million

According to the latest data released by the Ministry of Public Security on July 8, as of the end of June 2023, the number of motor vehicles in the country reached 426 million, including 328 million cars and 16.2 million new energy vehicles; There are 513 million motor vehicle drivers, including 475 million car drivers. In the first half of 2023, there will be 16.88 million newly registered motor vehicles and 11.91 million newly licensed drivers nationwide.

Thanks to policy support, accelerated technology research and development, and market promotion, China's new energy vehicle market has continued to maintain a high-growth trend, and has long been the biggest bright spot in the domestic auto market.

According to previous reports from IT House, the Passenger Association predicts that the sales of new energy passenger vehicles in China in 2023 are expected to be 8.5 million, and the sales of passenger vehicles in the narrow sense are expected to be 23.5 million. The annual penetration rate of new energy vehicles is expected to reach 36%.

In addition, the executive meeting of the State Council held on June 2 studied policies and measures to promote the high-quality development of the new energy vehicle industry. In order to release the consumption potential of new energy vehicles to a greater extent, the meeting proposed to continue and optimize the vehicle purchase tax reduction and exemption policy for new energy vehicles.