China’s car parc amounts to 302 million units by end of 2021

Shanghai (Gasgoo)- China's motor vehicle parc amounted to roughly 395 million units by the end of Dec. 2021, of which 302 million units were automobiles, according to China's Ministry of Public Security (MPS).

There were 36.74 million motor vehicles newly registered last year, representing 10.38% and 14.31% increase compared to 2020 and 2019 respectively.

China's registrations of new automobiles in 2021 rose 8.16% year on year to 26.22 million units, including 4.04 million freight vehicles (-2.88% YoY).

By the end of 2021, there were 79 cities in China whose auto parc all surpassed 1 million units, 9 more than that of the year-ago period. A total of 20 cities had over 3 million automobiles running on roads. Notably, Beijing, Chengdu and Chongqing saw their car parc surpass 5 million units. The respective car population of Suzhou, Shanghai, Zhengzhou, and Xi'an all exceeded 4 million units.

China's new energy vehicle (NEV) parc amounted to 7.84 million units by the end of 2021, 81.63% of which were full-electric vehicles. As of Dec. 2021, NEVs accounted for 2.6% of the country's total car parc.

The full-year NEV registrations in 2021 stood at 2.95 million units, rising 151.61% from the previous year and rocketing from 650,000 units registered in 2017.