Electric vehicles have reached a tipping point in China. They now represent the majority of the new car market, surging to 51% market share, El.kz cites electrec.co.

China and electric vehicles are linked together.

The majority of the world’s electric vehicles (BEVs and PHEVs) are both built and sold in China.

In 2024, global electric car production reached around 17 million vehicles, with China accounting for about 12 million of those — over 70% of the world’s total.

Roughly 11 million of the 12 million EVs were also sold in China. The rest were exported to other markets.

This is impressive in itself, but China has a massive automotive market. How significant are these EV volumes within the market?

It turns out that electric vehicles just reached a tipping point in China.

According to registration data from the China Association of Automobile Manufacturers (CAAM), electric vehicle sales have achieved over 50% market share for each of the last five months.

Year-to-date, electric vehicles market share currently sits at 51% of new car sales in China. This is often viewed as a tipping point that quickly leads to electric vehicle sales dominating the entire market.

For example, EV sales reached over 50% market share in Norway in 2020 and by 2024, they were at 90%.

Battery-electric vehicles (BEVs) are also growing rapidly and already account for the majority of EV sales in China.

BEVs hold 31% market share of China’s passenger vehicle market.