Get all your news in one place.
100's of premium titles.
One app.
Start reading
Caixin Global
Caixin Global
Business
An Limin and Han Wei

Nine Out of Ten Cars Sold in China Will Be NEVs by 2035, Report Says

In 2023, global NEV sales were more than 14 million units, with China accounting for about 9.5 million

What’s new: Vehicles powered by renewable energy will account for 90% of China’s new car sales by 2035, amounting to about 38 million units, an industry association said.

New energy vehicle (NEV) sales globally are expected to surpass 70 million units by 2035, or 70% of total cars sales, China Automotive Battery Innovation Alliance said in a report Thursday.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.