China's car ownership will exceed 300 million by the end of this year

2021-11-22

The reporter learned from the 2021 world manufacturing conference new energy vehicle industry development forum held on the 20th that by the end of September this year, China's car ownership had reached 297 million and will exceed 300 million by the end of the year. It is expected to maintain an average annual growth rate of 4% during the 14th Five Year Plan period. According to Shi Jianhua, Deputy Secretary General of China Automobile Industry Association, the development of China's automobile industry has made brilliant achievements during the 13th Five Year Plan period. China's automobile market is the largest in the world, and its automobile production, sales and ownership have ranked first in the world for many consecutive years. By the end of September this year, China's car ownership will reach 297 million and exceed 300 million by the end of the year. At the same time, the new energy vehicle industry has entered a new stage of development, and the degree of marketization is constantly improving. Despite the impact of local epidemic and global chip supply shortage, the production and sales of new energy vehicles in China are still breaking the historical record. The world's advanced technologies have gathered in China and expanded in all fields such as R & D system construction, industrial supply chain cultivation and derivative business expansion. According to the statistics of China Automobile Industry Association, the cumulative production and sales of new energy vehicles in China increased by about 1.8 times year-on-year from January to October. Up to now, the proportion of new energy vehicles in vehicle sales has reached 11%, and one of the 11 vehicles is new energy vehicles. The high quality development report 2021 of China's new energy vehicle industry was also released at the forum. (outlook new era)

Edit:Ming Wu    Responsible editor:Haoxuan Qi

Source:people.cn

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