{"id":2852909,"version":0,"headline":"China's EV fleet nears 50mn in June on rapid adoption","dateModified":"2026-07-16T09:14:05Z","datePublished":"2026-07-16T08:48:14Z","articleBody":"<article><p class=\"lead\">China's new energy vehicle (NEV) fleet reached 48.97mn units at the end of June, accounting for 13.2pc of the country's total vehicle fleet, according to data released by the Ministry of Public Security.</p><p>The share of NEVs in China's vehicle fleet increased by 2.9 percentage points from a year earlier, highlighting the continued rapid adoption of electric vehicles (EVs).</p><p>Battery electric vehicles (BEVs) accounted for 68.8pc of the country's total NEV fleet at 33.68mn units. NEVs in China include BEVs, plug-in hybrid EVs (PHEVs) and fuel-cell vehicles.</p><p>China registered 5.2mn new NEVs in the first half of 2026, accounting for 49.4pc of all newly registered vehicles. The proportion was 4.5pc higher than a year earlier and indicates that nearly one in every two newly registered vehicles was a NEV.</p><p>Rapid progress in vehicle intelligence, continued expansion of charging infrastructure and higher oil prices resulting from the Middle East conflict have all accelerated the adoption of EVs in China.</p><p>The continued growth in China's EV market supports demand for battery materials such as lithium, nickel, cobalt and graphite, as well as copper used in vehicles and charging infrastructure.</p><p>China aims to increase the share of NEVs in its national vehicle fleet to <a href=\"https://direct.argusmedia.com/newsandanalysis/article/2849951\">30pc by 2030</a> under a new carbon emissions reduction plan released by the State Council last week. The country's Hainan province has outlined plans to <a href=\"https://metals.argusmedia.com/newsandanalysis/article/2851224\" target=\"_blank\">implement a ban</a> on the sale of new internal combustion engine (ICE) vehicles by 2030, potentially making it the country's first province to phase out new fuel vehicle sales. This has reinforced expectations that gasoline consumption is <a href=\"https://metals.argusmedia.com/newsandanalysis/article/2851913\" target=\"_blank\">entering a structural decline</a>.</p><p>China's total motor vehicle fleet reached 476mn units at the end of June, including 371mn automobiles, according to the ministry.</p><p>A total of 105 Chinese cities had automobile fleets exceeding 1mn vehicles as of the end of June. Chengdu, Chongqing and Beijing each had more than 6mn automobiles in circulation.</p></article>","dateline":"Beijing, 16 July (Argus)","license":"<footer><p><br> Send comments and request more information at <a href=\"mailto:feedback@argusmedia.com?subject=Argus Direct article feedback&body=I am contacting you regarding China's EV fleet nears 50mn in June on rapid adoption, available at http://direct.argusmedia.com/newsandanalysis/article/cs-24826605.\" target=\"_parent\"> feedback@argusmedia.com </a></p><p><i> Copyright © 2026. <a href=\"http://www.argusmedia.com/\" target=\"_blank\">Argus Media group</a>. All rights reserved. </i></p></footer>","copyrightHolder":"Argus Media group","copyrightYear":2026,"taxonomy":{"contexts":[{"name":"Fundamentals","children":[]},{"name":"Industry","children":[{"name":"Vehicles","children":[{"name":"Automotive","children":[{"name":"Electric vehicles","children":[]}]}]}]}],"regions":[{"name":"Asia-Pacific","children":[{"name":"Northeast Asia","children":[{"name":"China","children":[]}]}]}],"sectors":[{"name":"Battery materials","children":[]},{"name":"Metals","children":[{"name":"Non-ferrous","children":[{"name":"Base metals","children":[{"name":"Aluminium","children":[]},{"name":"Copper","children":[]},{"name":"Nickel","children":[]}]},{"name":"Minor metals","children":[{"name":"Lithium","children":[]}]},{"name":"Rare earths","children":[]}]}]}]},"pullQuote":null,"newsType":"Daily news","language":"en-GB","keywords":null,"isFree":true,"isFeatured":false,"body":"<p class=\"lead\">China's new energy vehicle (NEV) fleet reached 48.97mn units at the end of June, accounting for 13.2pc of the country's total vehicle fleet, according to data released by the Ministry of Public Security.</p><p>The share of NEVs in China's vehicle fleet increased by 2.9 percentage points from a year earlier, highlighting the continued rapid adoption of electric vehicles (EVs).</p><p>Battery electric vehicles (BEVs) accounted for 68.8pc of the country's total NEV fleet at 33.68mn units. NEVs in China include BEVs, plug-in hybrid EVs (PHEVs) and fuel-cell vehicles.</p><p>China registered 5.2mn new NEVs in the first half of 2026, accounting for 49.4pc of all newly registered vehicles. The proportion was 4.5pc higher than a year earlier and indicates that nearly one in every two newly registered vehicles was a NEV.</p><p>Rapid progress in vehicle intelligence, continued expansion of charging infrastructure and higher oil prices resulting from the Middle East conflict have all accelerated the adoption of EVs in China.</p><p>The continued growth in China's EV market supports demand for battery materials such as lithium, nickel, cobalt and graphite, as well as copper used in vehicles and charging infrastructure.</p><p>China aims to increase the share of NEVs in its national vehicle fleet to <a href=\"https://direct.argusmedia.com/newsandanalysis/article/2849951\">30pc by 2030</a> under a new carbon emissions reduction plan released by the State Council last week. The country's Hainan province has outlined plans to <a href=\"https://metals.argusmedia.com/newsandanalysis/article/2851224\" target=\"_blank\">implement a ban</a> on the sale of new internal combustion engine (ICE) vehicles by 2030, potentially making it the country's first province to phase out new fuel vehicle sales. This has reinforced expectations that gasoline consumption is <a href=\"https://metals.argusmedia.com/newsandanalysis/article/2851913\" target=\"_blank\">entering a structural decline</a>.</p><p>China's total motor vehicle fleet reached 476mn units at the end of June, including 371mn automobiles, according to the ministry.</p><p>A total of 105 Chinese cities had automobile fleets exceeding 1mn vehicles as of the end of June. Chengdu, Chongqing and Beijing each had more than 6mn automobiles in circulation.</p>","lead":"China's new energy vehicle (NEV) fleet reached 48.97mn units at the end of June, accounting for 13.2pc of the country's total vehicle fleet, according to data released by the Ministry of Public Security.","cmsId":"24826605","source":"Censhare"}