May 06, 2024

· China's motor vehicle ownership reached 280 million new car registration in the third quarter of 6.18 million

Recently, the Chinese Ministry of Public Security announced that the total number of registered new cars in the third quarter of this year reached 6.18 million, an increase of 24.2% compared with the same period last year.
According to data released on the 14th, as of the end of September this year, China’s motor vehicle ownership has reached 280 million, including 190 million vehicles. From January to September 30, the number of new car registrations nationwide reached 19.19 million, an increase of 14.6% year-on-year.
According to published data, there are 47 cities with more than 1 million private cars, and the number of private cars in Beijing, Shanghai, Chongqing and other places exceeds 2 million.
As of the end of September this year, the number of people holding a driver's license in China reached 350 million. Only 2,831 people got a driver's license this year.

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