China's Shenzhen City Launches Incentive Program to Promote Green Electricity for New Energy Vehicles

Strategic Insights -

China's southern metropolis of Shenzhen has officially launched an initiative, "Green Car, Green Electricity," to encourage new energy vehicle (NEV) owners to charge their rides with electricity from renewable sources. The program provides a personal exclusive green certificate issued by the National Energy Administration (NEA) for every 1,000 kWh of cumulative charging at 11 green electricity charging stations in the city. NEV owners who attended an on-site event at the Lianhuashan supercharging station in Shenzhen received a "Green Car, Green Electricity" badge and a charging card valued at 50 yuan (approximately 7 U.S. dollars) as a reward for their commitment to sustainable driving. Green electricity refers to electricity generated from renewable energy sources such as wind, solar, and biomass power.

Key Takeaways:

  • China's Shenzhen city has launched an incentive program, "Green Car, Green Electricity," to promote the use of green electricity for new energy vehicles (NEVs).
  • The program provides a personal exclusive green certificate issued by the National Energy Administration (NEA) for every 1,000 kWh of cumulative charging at 11 green electricity charging stations.
  • In 2023, the NEA issued the initial batch of green certificates, and from January to June 2025, more than 1.37 billion green certificates were issued.
  • Currently, 11 charging stations in Shenzhen supply 100 percent green electricity through green electricity trading and other means.
  • The green electricity is derived from provincial regions, and the program aims to promote the high-quality development of the green electricity certificate market.
  • Shenzhen is one of several pioneering cities leading the way in powering its NEV fleet with green electricity, with over 200 charging stations at highway service areas throughout Jiangsu achieving a 100 percent utilization rate.
  • China has committed to peaking its carbon emissions before 2030 and achieving carbon neutrality before 2060, with the country's installed renewable energy capacity reaching 2.09 billion kilowatts by the end of May.

Statistics:

  • 11 green electricity charging stations in Shenzhen supply 100% green electricity.
  • Over 1.37 billion green certificates were issued from January to June 2025.
  • 348 million green certificates were transacted across the country.
  • 31.4 million NEVs were sold in China in 2024, a sharp increase from 4.92 million at the end of the 13th Five-Year Plan period.
  • China's installed renewable energy capacity reached 2.09 billion kilowatts by the end of May.
  • The country has committed to peaking its carbon emissions before 2030 and achieving carbon neutrality before 2060.

Sources:

  • Xinhua (Photo by Wang Yan)
  • Xinhua (Photo by Zhang Chenlin)
  • State Council News
  • People's Republic of China -- State Council News
  • National Development and Reform Commission (NDRC)
  • National Energy Administration (NEA)
  • China's State Grid Jiangsu Electric Power Company
  • Zhou Haibing, deputy head of the NDRC, cited at a press conference in July.