Guangdong was China’s leading automobile manufacturer for the sixth year in a row in 2023, churning out about 17 percent of the country’s cars in general – and a whopping 27 percent of its new energy vehicles (NEVs), mainland Chinese media has reported.
When compared with 2022, official statistics showed the province increased its overall automobile output by 17 percent year-on-year. For NEVs, that figure was 83 percent. Nationally, those increases were eight and 53 percent, respectively.
Almost half of the 5.19 million vehicles made in Guangdong last year were NEVs (electric vehicles, including hybrids). Major NEV brands manufacturing in the province include BYD, XPeng and Aion.
[See more: What you need to know before purchasing an electric or hybrid vehicle]
To support its rapidly expanding NEV sector, Guangdong has been investing heavily in public charging stations. In total, there were 563,000 of these facilities in the province last year – a fifth of mainland China’s total. Capacity has also been strengthened by new automobile industrial parks in Huangpu and Nansha districts.
Last month, a report published by the Guangdong provincial government noted that the province’s automobile industry was expected to be raking in operational income of over 1.35 trillion yuan (US$189.2 billion) by 2025.
