China’s Shenzhen city has 1.08 million new energy vehicles running on roads by June 2024

Published: Jul 19, 2024 19:17

Source: gasgoo

Save

As of June 2024, China's megacity Shenzhen has had approximately 4.263 million motor vehicles running on roads, of which 1.08 million are new energy vehicles (NEVs), representing over a quarter of the...

Shanghai (Gasgoo)- As of June 2024, China's megacity Shenzhen has had approximately 4.263 million motor vehicles running on roads, of which 1.08 million are new energy vehicles (NEVs), representing over a quarter of the total, according to the information from official website of the Shenzhen Municipal Government.

Public data reveals that in the first half of this year, Shenzhen deployed 109,000 NEVs, raising the penetration rate of new NEVs to 72.6%. In June alone, the NEV penetration rate soared to 77.4%, marking a historical monthly high, with about 77 out of every 100 newly registered vehicles being NEVs.

Shenzhen has been long focusing on the development of the NEV industry. In 2023, the city's NEV production volume reached 1.73 million units. Currently, Shenzhen is home to over 24,000 new energy and digital power enterprises. The second phase of the BYD Auto Industrial Park in Shenshan Special Cooperation Zone has reached full production, with a daily output of 750 vehicles. The new AITO M7 Ultra was launched in Shenzhen and has begun large-scale deliveries, with 20,000 units delivered in June. Additionally, CATL has established subsidiaries in Longgang and Pingshan districts and has set up a new energy supply chain company in Shenzhen city.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

[Solid-State Battery Expert Voice: Wan Gang Calls for In-Depth R&D and Industrial Application of All-Solid-State Battery Technology, Accelerating Large-Scale Application of Hybrid Solid-Liquid Batteries]

[Solid-State Battery Expert Voice: Wan Gang Calls for Deeper R&D and Industrial Application of All-Solid-State Battery Technology, Accelerating Large-Scale Application of Hybrid Solid-Liquid Batteries] On September 3, 2026, at the opening ceremony of the 2026 World Power Battery Conference, Wan Gang, Honorary Chairman of the China Association for Science and Technology, systematically elaborated on the development path of power battery technology. He pointed out that it is necessary to strengthen basic research and technological innovation in new material system power batteries, focusing on key issues such as next-generation high-specific-capacity cathode and anode materials and high-stability electrolytes. Wan Gang proposed a three-tier advancement strategy: "deepen R&D and industrial application of all-solid-state battery technology; accelerate R&D and large-scale application of hybrid solid-liquid battery technology; continue to optimize and improve liquid batteries, and encourage the R&D and application of new-type sodium-ion batteries and others.

3 hours ago

[Solid-state battery expert voice: Yin Tongyue says Chery's solid-state battery cell energy density reaches 400Wh/kg, solid-liquid hybrid version to be installed in vehicles in Q4 2026, all-solid-state to be validated on vehicles in 2027]

[Solid-State Battery Expert Voices: Yin Tongyue Says Chery's Solid-State Battery Cell Energy Density Reaches 400Wh/kg, Solid-Liquid Hybrid Version to Be Installed in Vehicles in Q4 2026, All-Solid-State to Begin On-Vehicle Validation in 2027] On September 3, 2026, at the 2026 World Power Battery Conference, Yin Tongyue, Chairman of Chery Holding Group, revealed Chery's solid-state battery industrialisation timetable in a keynote speech. He stated that Chery's Rhino battery comprises three major series: hybrid-specific, pure electric-specific, and solid-state-specific, with solid-state battery cell energy density already reaching 400Wh/kg. The Rhino solid-liquid hybrid version is planned to be installed in vehicles in Q4 2026, and the all-solid-state battery is planned to begin on-vehicle validation in 2027. Yin Tongyue stated

3 hours ago

[Solid-state battery expert voice: Zhang Jinhua says the industry will form a three-tier echelon pattern of "liquid as the foundation, solid-liquid transition, and solid-state breakthrough," with all-solid-state batteries entering large-scale application by 2035]

[Solid-State Battery Expert Voice: Zhang Jinhua Says the Industry Will Form a Three-Tier Progression of "Liquid as Foundation, Solid-Liquid Transition, Solid-State Breakthrough," with All-Solid-State Batteries Entering Large-Scale Application by 2035] On September 3, 2026, at the 2026 World Power Battery Conference, Zhang Jinhua, Chairman of the Society of Automotive Engineers of China, stated that the material system is the underlying support that determines the upper limit of power battery energy density. He proposed that the industry will form a three-tier development pattern of liquid as foundation, solid-liquid transition, and solid-state breakthrough: liquid batteries cover the energy range of 200Wh/kg to 300Wh/kg, supporting mainstream demand in the mass market; over the next three years, solid-liquid hybrid batteries will be the first to enter the window period for commercial application, primarily installed in mid-to-high-end car models; all-solid-state batteries will gradually break through performance ceilings, achieving energy density above 500Wh/kg, and are expected to enter the window period for large-scale application by 2035.

3 hours ago