【 New Energy News】 The cumulative production of new energy vehicles has exceeded 20 million units

Recently, with a pure electric sedan driving off the production line, the cumulative production of new energy vehicles in China has exceeded 20 million. Experts believe that this marks a new stage of high-quality development for new energy vehicles in China, based on industrialization and marketization.

What opportunities and challenges will China's new energy vehicle industry face in the current and future period? How to promote the stable development of the new energy vehicle industry?

Production and sales increased by 42.4% and 44.1% year-on-year in the first half of the year, respectively

New energy vehicles are the main direction for the transformation, upgrading, and green development of the global automotive industry, and also a strategic choice for the high-quality development of China's automotive industry. The latest data from the China Association of Automobile Manufacturers shows that in the first half of this year, China's production and sales of new energy vehicles completed 3.788 million and 3.747 million respectively, with year-on-year growth of 42.4% and 44.1%, respectively; The sales of new energy vehicles accounted for 28.3% of the total sales of new vehicles.

Vice Minister of Industry and Information Technology, Xin Guobin, introduced that since the 18th National Congress of the Communist Party of China, China has taken the lead in establishing a national strategy for the development of new energy vehicles, continuing to formulate industrial development plans for 2020 and 2035. The State Council has approved the establishment of top-level design and promotion mechanisms for industrial development, and various departments have launched more than 70 policy measures to support the development of the new energy vehicle industry. Local governments have introduced supporting policies based on their own actual conditions, and enterprises have accelerated their innovation pace, Jointly promoting the development of China's new energy vehicle industry and achieving historic achievements.

After unremitting efforts, China has established a structurally complete and organically coordinated new energy vehicle industry system, cultivated the world's largest consumer market, and formed a good development situation of mutual integration, coexistence, and win-win cooperation between new energy vehicles and related industries, "said Xin Guobin.

According to Fu Bingfeng, Executive Vice President and Secretary General of the China Association of Automobile Manufacturers, in September 2020, China's total production of new energy vehicles exceeded 5 million units, and in February 2022, it exceeded 10 million units, achieving the second 10 million units in just one year and five months.

At the same time, the competitiveness of new energy vehicle brands in China has significantly improved. According to statistics, in 2022, the domestic market sales of self owned brand new energy passenger vehicles accounted for 79.9%, an increase of 5.4 percentage points year-on-year. In the first half of this year, the export of new energy vehicles reached 534000 units, a year-on-year increase of 1.6 times.

Ouyang Minggao, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference, an academician of the CAS Member, and a professor of Tsinghua University, said that after the rapid development in the past decade, China's new energy vehicle and power battery industry has led the world, its output and ownership have ranked first in the world, and its large-scale export has become a highlight of China's economy.