From Revenue Growth to Infrastructure Expansion: A Complete Outlook on the China Electric Vehicles Market (2025–2030)

 


The China Electric Vehicles (EV) Market is projected to grow from USD 357.98 billion in 2025 to USD 788.20 billion by 2030, registering a CAGR of 17.13% during the forecast period (2025–2030), according to market research by Mordor Intelligence. This robust growth highlights China’s leadership in the global shift toward clean and sustainable transportation.

A key factor driving this momentum is the achievement of battery cost parity, which makes EVs more affordable and comparable in price to traditional internal combustion engine (ICE) vehicles. This cost advantage is encouraging more consumers to consider EVs as a viable alternative, especially in urban and semi-urban areas.

Explore our full library of Automotive Research Industry Reports:

https://www.mordorintelligence.com/industry-reports/china-electric-vehicles-ev-market-outlook?utm_source=blogger

China is also making significant progress in expanding its nationwide charging infrastructure and battery-swap networks. These developments are crucial in addressing range anxiety and increasing the practicality of EV ownership, thereby boosting consumer confidence and adoption rates.

Another emerging trend is the rising popularity of plug-in hybrid electric vehicles (PHEVs), especially in tier-2 and tier-3 cities. These regions are witnessing growing demand for PHEVs due to their flexibility and the ongoing rollout of EV-friendly infrastructure beyond major metropolitan areas.

Government initiatives, including subsidies, tax benefits, and emission regulations- continue to play a central role in driving this transition. Coupled with increasing private sector investment and innovation in EV technology, China’s EV market is evolving rapidly to meet the needs of a dynamic and environmentally conscious consumer base.

Conclusion:

With its market expected to double by 2030, the Chinese electric vehicle (EV) market is on a clear path to long-term growth. Falling battery costs, nationwide infrastructure expansion, and rising demand in smaller cities are reinforcing the country’s position as a global leader in electric mobility. Supported by strong government policies and increasing consumer interest, the Chinese electric vehicles market is well-positioned to shape the future of transportation both domestically and worldwide.

Industry Related Report:

europe electric vehicle market

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