Companies related to new energy vehicles have registered more than 300,000 for three consecutive years.
According to the data from Qichacha, as of March 23rd, there were a total of 1.5128 million domestic existing enterprises related to new energy vehicles. In terms of registrations, the number of registered enterprises has been steadily increasing over the past decade, with registration numbers surpassing 100,000, 200,000, and 300,000 in 2021, 2022, and 2023 respectively. In 2024 and 2025, the registration numbers were both over 300,000, with the registration number reaching 333,500 in 2025, an increase of 5.09% compared to the previous year. In terms of city distribution, the newly registered enterprises in 2025 were mainly located in third-tier and new first-tier cities, accounting for 23.35% and 21.55% respectively.
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