In 2025, China is expected to sell 12 million electric cars, surpassing internal combustion vehicles for the first time, according to Financial Times, a figure that would double sales from 2022, when 6.6 million electric units were sold.
This growth is attributed to the combination of state subsidies and the production capacity of Chinese manufacturers, who have managed to reduce costs and increase competitiveness in the global market.
Additionally, the Chinese consumer preference for electric vehicles has driven local brands such as BYD, Xiaomi, and Nio to lead the market, surpassing international competitors like Tesla.
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More Figures and Data
In contrast, sales of internal combustion vehicles in China have decreased, dropping from 14.8 million in 2022 to a projection of 11 million in 2025. In this regard, and on a global level, China continues to solidify its position as a leader in electric vehicle adoption, accounting for more than 50% of global sales in 2022.
This share is expected to increase in the coming years, further strengthening China’s dominant position in the sector. Finally, this advancement in electric mobility has positive environmental implications, while positioning China as a key player in the automotive industry of the future.