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Beijing's NEV Fleet Tops 1.53 Million as City Sets 65% NEV Share for New Car Registrations by 2

   2026-10-29 China News ReportCNBOAT20

Beijing's new-energy-vehicle parc has surpassed 1.53 million units, and the municipal government is moving to deepen the city's transport-energy transition, according to disclosures at a third-quarter...

Beijing's new-energy-vehicle parc has surpassed 1.53 million units, and the municipal government is moving to deepen the city's transport-energy transition, according to disclosures at a third-quarter economic briefing by the Beijing Municipal Development and Reform Commission.

The city said it will continue its consumer trade-in program and 'orderly promote the shift from gasoline to electric vehicles,' having already driven trade-in sales of more than 140 billion yuan cumulatively by steering demand toward high-efficiency, water-saving and quality products.

In a freshly issued 15th Five-Year new-type energy-system plan, Beijing set a quantitative target that new car registrations be at least 65% NEV by 2030, with the citywide NEV parc reaching 2.4 million, while pushing 'oil-to-electric' and 'oil-to-hydrogen' substitution and building a zero-emission Beijing-Tianjin-Hebei freight corridor with green logistics accounting for 13% of inbound and outbound goods.

Analysts say Beijing's combined parc milestone and binding 2030 registration target illustrate how China's megacities are converting electrification from a subsidy era into a structural, policy-enforced trajectory.

Source: Beijing Municipal Development and Reform Commission / Beijing Daily (paraphrased and translated from Chinese official media; reprinted for informational purposes with attribution).

 
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