China is projected to produce around 13 million battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) by 2023, more than any other nation worldwide. China’s estimated production level is also anticipated to exceed the combined output of other large markets, including the United States, Germany, and Japan.
China’s electric dream
China is forecast to be the world leader in terms of electric vehicle production over the next few years. The country is already at the forefront of the electric vehicle revolution. The total stock volume of BEVs and PHEVs in China was around 3.3 million in 2019, an increase of almost 46 percent on the previous year’s volume. This estimated figure means that China had the most electric vehicles in use worldwide as of 2019.
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Forschungsgesellschaft Kraftfahrwesen Aachen, & Roland Berger. (March 18, 2021). Projected production of electric vehicles and plug-in hybrid electric vehicles in selected countries between 2018 and 2023 (in 1,000 units) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/270537/forecast-for-electric-car-production-in-selected-countries/
Forschungsgesellschaft Kraftfahrwesen Aachen, und Roland Berger. "Projected production of electric vehicles and plug-in hybrid electric vehicles in selected countries between 2018 and 2023 (in 1,000 units)." Chart. March 18, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/270537/forecast-for-electric-car-production-in-selected-countries/
Forschungsgesellschaft Kraftfahrwesen Aachen, Roland Berger. (2021). Projected production of electric vehicles and plug-in hybrid electric vehicles in selected countries between 2018 and 2023 (in 1,000 units). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/270537/forecast-for-electric-car-production-in-selected-countries/
Forschungsgesellschaft Kraftfahrwesen Aachen, and Roland Berger. "Projected Production of Electric Vehicles and Plug-in Hybrid Electric Vehicles in Selected Countries between 2018 and 2023 (in 1,000 Units)." Statista, Statista Inc., 18 Mar 2021, https://www.statista.com/statistics/270537/forecast-for-electric-car-production-in-selected-countries/
Forschungsgesellschaft Kraftfahrwesen Aachen & Roland Berger, Projected production of electric vehicles and plug-in hybrid electric vehicles in selected countries between 2018 and 2023 (in 1,000 units) Statista, https://www.statista.com/statistics/270537/forecast-for-electric-car-production-in-selected-countries/ (last visited November 21, 2024)
Projected production of electric vehicles and plug-in hybrid electric vehicles in selected countries between 2018 and 2023 (in 1,000 units) [Graph], Forschungsgesellschaft Kraftfahrwesen Aachen, & Roland Berger, March 18, 2021. [Online]. Available: https://www.statista.com/statistics/270537/forecast-for-electric-car-production-in-selected-countries/
