In 2024, China will contribute 60% of global sales of new energy vehicles

2024-01-04

In 2024, China's new energy vehicles will further enhance their position in national development and the world. At the media communication meeting of the China Electric Vehicle Hundred People Conference Forum (2024) recently held, Zhang Yongwei, Vice Chairman and Secretary General of the China Electric Vehicle Hundred People Conference, shared the new characteristics presented by China's new energy vehicle industry. "It is expected that global sales of new energy vehicles will exceed 20 million in 2024, and China will contribute 60% of global sales." Zhang Yongwei said that China will further become a "barometer" of the global new energy vehicle industry. China's key technologies and production level, such as batteries, motors, and intelligent cabins, are globally leading. The average range of pure electric passenger cars exceeds 460 kilometers, and many new technologies have emerged and been implemented in China. At the same time, Chinese new energy vehicle enterprises occupy an important market position, and the position of the new energy vehicle industry chain is further enhanced. China accelerates to become the center of the global automotive supply chain. Experts predict that in 2024, China's shipment of power batteries and materials will still account for more than 50% of the global market, and will accelerate its implementation through global cooperation and overseas production capacity layout. In Zhang Yongwei's view, new energy vehicles have become the "new engine" driving high-quality economic and industrial development. In 2023, the growth momentum of new energy vehicles in China will continue, gradually entering the era of tens of millions. Industrial development will continue to drive investment and financing in infrastructure, automotive components, intelligent manufacturing and other fields. "The integration of green energy, artificial intelligence, the Internet, big data and other revolutionary technologies into new energy vehicles has become an important carrier for the implementation and application of new technologies, and will fully leverage the efficiency of green and low-carbon development." Zhang Yongwei said that it is expected that by 2024, the scale of new energy vehicles in China will be close to 30 million, with pure electric vehicles accounting for about 80%. From January to October 2023, the carbon emissions reduction of new energy vehicles in China reached 68.76 million tons, and it is expected that the emissions reduction of new energy vehicles in China will exceed 100 million tons by 2024. It is worth noting that from January to November 2023, China's production and sales of new energy vehicles increased by 34.5% and 36.7% year-on-year, continuing to maintain a global leading growth trend. In November 2023, the production and sales of new energy vehicles in China exceeded the million mark for the first time. Liu Xiaoshi, Executive Deputy Secretary General of the China Electric Vehicle Hundred People Association, believes that behind the data is a series of efforts by the Chinese new energy vehicle industry to continuously strengthen its local industrial and supply chain system. China's new energy vehicle industry is accelerating breakthroughs in high-tech areas such as operating systems, adhering to innovation, with high-quality development as the core, accelerating the overseas strategic layout of the new energy vehicle industry chain, and continuously enhancing China's international influence on new energy vehicles. "We still have a long way to go before the overall requirements of the country's' dual carbon 'development." Liu Xiaoshi said that the new energy vehicle industry, from technology to application, from transportation to energy, and from cross-border to integration, still has a lot of challenges and topics waiting to be solved at multiple levels and fields. (Lai Xin She)

Edit:Hu Sen Ming    Responsible editor:Li Xi

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