China’s growing EV fleet and its impact on energy demand
China is by far the largest manufacturer and adopter of electric vehicles, with the country’s total plug-in fleet reaching 20 million by the end of 2023, representing almost a doubling of the fleet in a single year. Although EV sales growth has slowed, it appears likely that China will surpass 50% plug-in share in new vehicle sales by 2025. China is also pursuing innovative technologies and strategies for EV charging, including aggregation of EVs in virtual power plants as well as bidirectional charging technologies. This paper focuses on the impact EV and plug-in hybrid adoption will have on the country’s energy system, including gasoline and diesel demand, electricity, and the power mix, examining different scenarios for EV adoption and EV charging looking forward to 2030.