- In 2024, Shenzhen’s NEV production was 2,935,300 vehicles, a local official said.
- Shenzhen is where BYD is headquartered, and the company has a large production base in the city with a planned annual capacity of 1 million vehicles.
Shenzhen produced 2,935,300 new energy vehicles (NEVs) in 2024, making it China’s top vehicle producer, 21jingji said in a report today, citing Tang Shangxing, deputy director of Shenzhen’s NEV industry office.
Tang mentioned the figure at a launch ceremony for autonomous parking valets at a local airport today.
Shenzhen is home to the headquarters of BYD (HKG: 1211, OTCMKTS: BYDDY), China’s largest NEV maker, which has a large production base in the southern Chinese city with a planned annual capacity of 1 million vehicles.
BYDY sold 4,272,145 NEVs and produced 4,304,073 for the full year of 2024, with its Xi’an, Shaanxi plant in northwestern China producing more than 1 million vehicles for the year.
Shenzhen has nearly twice as many supercharging stations as gas stations
