The disclosure relates to the field of vehicle energy recovery devices, and particularly discloses a vehicle shock absorber capable of generating electricity which includes a shock absorber body, a piston rod and a bearing spring. The shock absorber body includes an inner cylinder and an outer cylinder, and an oil storage chamber communicated with an inner cavity of the inner cylinder is formed between the inner cylinder and the outer cylinder. Both ends of the bearing spring are respectively connected to an upper end of the piston rod and the outer cylinder. A bottom end of the piston rod is connected to a piston in sliding fit with the inner cylinder, and a coil is sealedly disposed in the piston. Opposite sides inside the oil storage chamber are each provided with a permanent magnet with an opposite magnetic pole, and the coil is connected to an electrode lead.