Sales of vehicles called “clean”(Electric, hybrid or hydrogen-powered) nearly tripled last year in China, fueled by subsidies in the world’s No. 1 auto market, a professional federation announced Tuesday.
China, the world’s leading polluter, wants to have an automobile fleet largely made up of non-polluting vehicles by 2035.
In 2021, nearly three million clean vehicles were sold, the China Federation of Individual Car Builders (CPCA) said.
This is an annual increase of 169%, almost triple compared to 2020.
In this context, the CPCA revised its forecasts upwards for 2022 and predicts the sale of 5.5 million clean vehicles.
Currently, a quarter of the automobile fleet of the Asian giant works with new energy.
Many local brands (BYD, SAIC-GM-Wuling, Geely, XPeng, Nio …) compete in this sector with the American Tesla.
The market has been boosted by subsidies on the purchase of these types of vehicles, which have been reduced by 30% since January 1 and are supposed to disappear completely by the end of this year.
Globally, car sales grew 4.4% year-on-year in China, reaching 20.1 million vehicles, after three years of decline.
In continuous growth since the 1990s due to the improvement of the lives of the population, the market was held back first by the economic slowdown and trade tensions with the United States and then by the coronavirus pandemic.
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