New Energy Vehicle Fleet Surpasses 48.97 Million Units

[Market Data] As of the end of June 2026, the national fleet of new energy vehicles (NEVs) reached 48.97 million units, accounting for 13.2% of the total vehicle population.

Key Statistic: Nearly Half of Newly Registered Vehicles Are NEVs

A total of 5.195 million new energy vehicles were newly registered in the first half of the year, representing 49.42% of all newly registered vehicles—an increase of 4.45 percentage points year-over-year. The total number of motor vehicles nationwide reached 476 million, including 371 million automobiles; the total number of licensed drivers stood at 567 million.

Strategic Foundation: Accelerated Electrification Transition

The fleet of battery electric vehicles (BEVs) reached 33.675 million, making up 68.77% of the total NEV fleet, indicating a highly concentrated technology pathway. NEV market penetration continued to rise, increasing by 2.92 percentage points compared to the same period last year.

Industry Impact: Megacities Lead in Vehicle Stock

Nationwide, 105 cities have surpassed one million vehicles in their fleets, with Chengdu, Chongqing, and Beijing each exceeding 6 million vehicles, intensifying pressure on urban transportation systems and charging infrastructure.