This graph reveals fascinating insights into the preferences and choices of Chinese consumers in the rapidly growing electric vehicle (EV) market.
The data underscores the diverse landscape of options available to consumers, both in terms of vehicle types and propulsion technologies.
Although 45% of Chinese consumers still prefer traditional gasoline and diesel-powered vehicles, the shifting in the automotive landscape is evident as well.
This diversification in preferred engine types reflects a dynamic market that caters to various consumer needs and environmental considerations.
Furthermore, the reasons for purchasing EVs in China provide a glimpse into the changing priorities of consumers.
The State of the Electric Vehicle Revolution 2023
Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.
Related Videos & Podcasts
What Are the Challenges of Home EV Charging?
By Lucidity Insights Research Team • October 16, 2023EV consumers prefer to charge their EVs at home
By Lucidity Insights Research Team • October 15, 2023What do consumers around the world look for in EVs?
By Lucidity Insights Research Team • October 14, 2023Who is the World’s Largest Lithium Producer?
By Lucidity Insights Research Team • October 13, 2023Top 10 Countries with the Most EVs on the Road
By Lucidity Insights Research Team • October 13, 2023Aviation, shipping, and medium to heavy trucks are major CO2 emitters in transportation
By Lucidity Insights Research Team • October 12, 20232023 shows no signs of slowing down in EV Sales
By Lucidity Insights Research Team • October 11, 2023How do Governments Drive Electric Car Adoption Around the World?
By Lucidity Insights Research Team • October 10, 2023A Century of Explosive Growth in Global Fossil Fuel Emissions
By Lucidity Insights Research Team • October 09, 2023Operating an EV is 2.5x to 6x Cheaper than Gas-Powered Vehicles
By Lucidity Insights Research Team • October 08, 2023