Shanghai recorded 1.51 million new energy vehicles (NEVs) on its roads by the end of 2024, further cementing its role as a key hub for China’s transition to cleaner transportation, according to local media citing official data.
Of the total NEVs, 71 percent were pure electric vehicles, with plug-in hybrids accounting for the remaining 29 percent. Private vehicle ownership made up 78 percent of the total NEV fleet in Shanghai, rising two percentage points compared to the previous year.
The city registered 278,000 new NEVs in 2024 alone, reflecting sustained consumer demand. Shanghai, which hosts Tesla’s manufacturing base in China and the global headquarters of Nio, continues to be a focal point for electric vehicle production and adoption.
The electrification of public transportation also advanced significantly. Shanghai added 1,940 new energy buses in 2024, bringing the total to 16,356—representing 96.21 percent of all buses in operation. Meanwhile, the number of NEV taxis increased by 2,700 last year, with 95 percent of the city’s taxi fleet now electrified.
Charging infrastructure has kept pace with the vehicle rollout. By the end of 2024, Shanghai had installed 913,000 public charging stations and 225 battery swap stations, supporting further growth of the sector.
Nationally, China’s NEV ownership rose to 31.4 million units by the end of 2024, accounting for 8.9 percent of the country’s total vehicle fleet. The majority of these—22.09 million units—were battery electric vehicles. Last year, 11.25 million new NEVs were registered nationwide, marking a 51.49 percent year-on-year increase and representing 41.83 percent of all new vehicle registrations.