China’s new energy vehicle (NEV) industry is accelerating at an unprecedented pace. In the first quarter of 2025, NEV production rose by a staggering 50.4% compared to the same period last year, reaching 3.18 million units, according to data released on Friday by the China Association of Automobile Manufacturers (CAAM).
NEV sales also experienced significant growth, soaring 47.1% year-on-year to 3.08 million units in the first three months. This surge means NEVs now account for 41.2% of total vehicle sales in the Chinese mainland during this period.
The robust growth underscores China’s leading position in the global shift towards sustainable transportation. With increasing consumer interest and supportive policies, the NEV market is poised for continued expansion.
Industry experts attribute the growth to advancements in technology, expanded infrastructure for electric vehicles, and heightened environmental awareness among consumers. As the world’s largest automotive market, China’s embrace of NEVs is a significant step towards reducing global carbon emissions and combating climate change.
The impressive figures from Q1 2025 signal a promising future for the NEV industry, not only in China but also as a beacon for other countries pursuing green energy solutions.
Reference(s):
cgtn.com