China’s Electric Car Boom and the Decline of Petrol Vehicles
This research highlights the turning point in China’s automotive market as electric vehicles rapidly replaced traditional petrol-powered cars. Internal combustion engine (ICE) car sales peaked in 2017 at around 25 million units and have since declined, while electric vehicle sales have surged — from one in eighteen new cars in 2020 to one in two by 2024. This transition marks a crucial step in decarbonizing transport and reducing oil dependency.
Source: Our World in Data (Hannah Ritchie)
Data: International Energy Agency, Global EV Outlook 2025