KETEP 세계에너지시장정보

Transportation accounts for about 10 percent of China’s national carbon emissions. That number is decreasing with China’s growing use of EVs. China’s EV sales have experienced super-fast growth in the past decade, since its first climate commitment in 2009 in Copenhagen, and the country has become the world’s largest EV market. In 2023, China accounted for 63.5 percent of the world’s new energy vehicle sales. EVs took off around 2020, with a rapid growth in sales. There were 1.37 million new energy vehicles (primarily EVs) sold in 2020. In 2023, the number had soared to 9.50 million, even though purchasing subsidies were starting to be phased out in 2016 and were completely done by 2022.The high penetration rate of new energy vehicles in China stems from its large production capacity and cost effectiveness, which functions as a solid foundation for serving the country’s 1.4 billion consumers.