cover image: RESEARCH BRIEF - Leading new energy vehicle cities in China: The 2022 market

20.500.12592/8w9gq68

RESEARCH BRIEF - Leading new energy vehicle cities in China: The 2022 market

4 Apr 2024

However, the share of NEV registrations in the top cities has decreased in successive years: In 2022, the 30 cities with the highest NEV deployment were responsible for 58% of all registrations in China, down 4 percentage points from 2021 and 11 percentage points from 2020. [...] At the national level, SUVs 5 ICCT RESEARCH BRIEF | LEADING NEW ENERGY VEHICLE CITIES IN CHINA: THE 2022 MARKET and A00 vehicles remained the most popular vehicle sizes, but the market share of the former increased by 6 percentage points and the latter dropped by 9 percentage points in 2022. [...] Figure 10 displays the top 30 city markets with the highest NEPC registrations in 2022, which collectively accounted for 58% of the national total—a four percentage decrease from the top 30 city markets in 2021.9 NEPC registrations in the top 30 cities in 2022 ranged from nearly 44,000 in Xiamen to almost 330,000 in Shanghai, with an average of 99,600, up from an average of 60,000 in 2021. [...] This implies the effectiveness of “Guangxi Mode,” a regional initiative to replicate the policies and practices of Guangxi’s most successful NEV city market, Liuzhou, in other cities in the region.17 Starting in 2021, the Guangxi government switched the focus of fiscal incentives to charging infrastructure, offering three-year subsidies for the establishment and operation of charging and battery-s. [...] As shown in Figure 14, the top 20 cities in China in terms of cumulative NECV registrations between 2012 and 2022 contributed 55% of the new NECVs registered in 2022, up from 52% in 2021.
Pages
23
Published in
United States of America