Shenzhen

Shenzhen produces nearly 2.94 million NEVs in 2024

  • In 2024, Shenzhen's NEV production was 2,935,300 vehicles, a local official said.
  • Shenzhen is where BYD is headquartered, and the company has a large production base in the city with a planned annual capacity of 1 million vehicles.

Shenzhen has nearly twice as many supercharging stations as gas stations

Shenzhen has built a total of 550 supercharging stations so far, nearly twice the number of gas stations in the southern Chinese mega city.

Shenzhen NEV penetration reaches record 77.4% in Jun

About 77 out of every 100 newly registered cars in Shenzhen are NEVs.

Shenzhen offers subsidies of up to $1,370 to encourage purchase of NEVs

By the end of this year, Shenzhen residents can receive a subsidy of up to RMB 10,000 if they purchase NEVs when they scrap their old fuel cars.

Shenzhen's NEV penetration has reached 57% so far this year

To date, Shenzhen has 740,000 NEVs. The city plans to have that number reach 1.3 million by 2025.