China Luxury EV Market Size & Outlook, 2025-2033

China Luxury EV Market Insights

Deep Market Insights analysis indicates that the China Luxury EV Market size, valued at USD 16.97 Billion in 2024, is expected to expand to USD 61.16 Billion by 2033.
The China market is forecasted to expand at a CAGR of 15.36% spanning 2025–2033.
Luxury Sedan held the leading position among Vehicle Class segments in 2024, based on market size.
Luxury SUV is projected to post the fastest growth rate, sustaining its position as the most attractive Vehicle Class segment during the forecast horizon.

China accounted for 6.8% of the global Luxury EV Market size in 2024.
By 2033, United States is expected to remain the top global market in terms of size.
Within Asia Pacific, China is forecasted to dominate the regional Luxury EV Market size by 2033.
South East Asia will be the fastest-growing market in Asia Pacific, projected to achieve USD 18.15 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 16.97 Billion
Market Size In 2033	USD 61.16 Billion
Largest segment	Luxury Sedan
Units	Revenue in USD Billion
CAGR	15.36% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends