Global EditionASIA 中文雙語(yǔ)Fran?ais
    Business
    Home / Business / Motoring

    NEVs drive China's auto industry growth

    By Zhao Shiyue | chinadaily.com.cn | Updated: 2020-12-14 15:35
    Share
    Share - WeChat
    Workers assemble a new energy delivery vehicle in an auto manufacturing base in Laiwu, Shandong province on Dec 12, 2020. [Photo/Xinhua]

    China is expected to own the most vehicles globally by the end of this year with 300 to 350 automobiles per 1,000 people, Fu Bingfeng, executive vice-president of the China Association of Automobile Manufacturers, said at an automobile forum in Shanghai on Sunday.

    China's vehicles totaled 275 million on roads as of September this year, according to data from the Ministry of Public Security, and Fu added the figure matched that of the US.

    Although the COVID-19 outbreak struck the Chinese auto industry hard in the first few months of 2020, the market has witnessed rapid recovery and annual sales are likely to reach 30 to 35 million in the near future.

    The State Council, China's Cabinet, approved a new development plan for the NEV industry from 2021 to 2035 on Nov 2, and NEV is believed to be a key driver in Chinese vehicle sales growth.

    According to the plan, the nation's NEV sales are expected to account for 20 percent of overall new car sales by 2025, and purely electric automobiles are set to become the majority of new cars by 2035.

    "About 5 million new energy vehicles are likely to be sold in China in 2025", said Shen Hui, founder and CEO of VM Motor, a Chinese electric car startup, at the automobile forum in Shanghai.

    From January to November this year, vehicle sales dropped 2.9 percent year-on-year to 22.47 million units, while NEVs saw sales volume increase to 1.11 million, a 3.9 percent rise from a year earlier, according to CAAM.

    In terms of passenger vehicles, 2.08 million units were registered as selling in November, up 8 percent compared to last year.

    Notably, the new energy passenger vehicles market boomed, with wholesale volume hitting 180,000 units in November, increasing 128.6 percent year-on-year. About 169,000 vehicles were sold through retail channels last month, which expanded 136.5 percent from the previous year, the China Passenger Car Association said.

    The development of "new infrastructure", such as charging pile construction and 5G, will continue to boost the growth of new energy vehicles in China.

    Shen Hui also said "intelligentializing" will be the core battlefield for NEV companies. The penetration rate of new smart NEV vehicles is 51.6 percent in 2020, and expected to reach 100 percent in 2029, Shen noted.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    色婷婷综合久久久久中文| 青春草无码精品视频在线观| 中文无码一区二区不卡αv| 岛国无码av不卡一区二区| 无码中文字幕日韩专区| 午夜亚洲av永久无码精品| 人妻夜夜添夜夜无码AV| 国产又爽又黄无码无遮挡在线观看| 亚洲中文字幕无码日韩| 久久国产精品无码HDAV| 亚洲国产成人精品无码区在线观看| 日韩人妻无码精品无码中文字幕| 亚洲AV无码一区二区一二区| 精品无码国产一区二区三区AV| 亚洲熟妇无码另类久久久| 亚洲欧美精品一区久久中文字幕 | 亚洲中文久久精品无码ww16| 国模吧无码一区二区三区| 欧洲人妻丰满av无码久久不卡| 中文字幕丰满伦子无码| 免费无码又爽又刺激网站| 国产精品99久久久精品无码| 亚洲成A人片在线观看中文| 99高清中文字幕在线 | 亚洲国产a∨无码中文777| 亚洲AV无码一区二区三区国产| 国产成人AV无码精品| 国产精品成人无码久久久久久 | (愛妃視頻)国产无码中文字幕| 亚洲中文字幕无码久久精品1| 亚洲精品一级无码鲁丝片| 亚洲.欧美.中文字幕在线观看| 亚洲国产综合无码一区二区二三区 | 久久影院午夜理论片无码| 国产av无码专区亚洲国产精品| 2019亚洲午夜无码天堂| 狠狠噜天天噜日日噜无码| 久久亚洲精品无码播放| 中文字幕乱码人妻无码久久| 最近免费中文字幕大全免费 | 中文字幕在线观看亚洲|