China produced 3.54 million NEVs in 2021, up 181% from 2020, and more than the total of the previous three years. That's 15.7 % of the country’s entire car market.
Experts predict NEV sales of 5 - 6 million this year, 25%–30% of the domestic auto market, meaning that early education of the market is complete and the supply chain is stabilizing.
China produced 3.54 million NEVs in 2021, up 181% from 2020, and more than the total of the previous three years. That's 15.7 % of the country’s entire car market.
Experts predict NEV sales of 5 - 6 million this year, 25%–30% of the domestic auto market, meaning that early education of the market is complete and the supply chain is stabilizing.