ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Electric cars in China

EVs on pace to make up third of China's auto sales this year

Tesla sparks price war, spurring demand from middle-income drivers

Am Li L7 electric SUV from Li Auto is displayed at the Auto Shanghai show.   © Reuters

SHANGHAI/TOKYO -- Electric vehicles were the stars of Auto Shanghai 2023, one of the world's biggest auto shows that opened on Tuesday, reflecting just how rapidly China is adopting the transformative technology.

Sales of new energy vehicles, a category mostly consisting of EVs, are on track to reach 9 million units this year, about a third of total auto sales.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more