Technology upgrading, abundant supply and purchase of "hot" new energy vehicles inject new kinetic energy into economic growth.

CCTV News:China Association of Automobile Manufacturers released the data of China automobile market in November on December 11th. In the same month, automobile production and sales increased year on year. Among them, the production and sales of new energy vehicles exceeded one million for the first time in November, and new energy vehicles and automobile exports led the industry growth. Since 2023, the new energy automobile market in China has developed rapidly, and the ecology of the automobile industry is being completely reshaped, which has continuously promoted the coordinated development of transportation, energy, information and communication, and continuously injected new kinetic energy into China’s economic growth.

The monthly production and sales of new energy vehicles exceeded one million vehicles for the first time.

The data shows that in November, the production and sales of new energy vehicles were 1.074 million and 1.026 million respectively, up by 39.2% and 30% respectively, and the monthly market share reached 34.5%.

The market share of new energy vehicles has exceeded 30% for seven consecutive months.

Chen Shihua, Deputy Secretary General of China Automobile Industry Association:The market share of new energy vehicles in China has exceeded 30% for seven consecutive months, and the market is stable and showing a trend of gradual improvement. The annual production and sales of new energy vehicles will reach about 9.4 million. On the one hand, the supply of new energy vehicles in China is becoming more and more abundant, and the cost performance of products is getting higher and higher. Compared with traditional fuel vehicles, it has formed obvious comparative advantages. On the other hand, domestic consumers are increasingly recognizing the products of new energy vehicles, and with the improvement of charging infrastructure, consumers’ enthusiasm for buying is high.

In November, 1.091 million new energy vehicles were exported, up 83.5% year-on-year.

Since 2023, the new energy automobile industry in China has continued to develop rapidly. From January to November, the production and sales of new energy vehicles were 8.426 million and 8.304 million respectively, up by 34.5% and 36.7% respectively, and the market share reached 30.8%. New energy vehicles exported 1.091 million vehicles, up 83.5% year-on-year.

The scale of production and marketing has been continuously expanded and the technical level has been accelerated.

While the scale of production and marketing is further expanded, the technical level is rapidly improved. The energy density of mass-produced power batteries reaches 300 WHr/kg, the average cruising range of pure electric passenger cars exceeds 460 kilometers, and the proportion of vehicles with L2 and above autopilot function in passenger cars exceeds 40%. At present, China has built 6.278 million charging piles and 3,460 power stations, and built more than 10,000 power battery recycling service outlets. In terms of intelligent networked vehicles, more than 20,000 kilometers of intelligent networked vehicle test roads have been opened, and the total test mileage has exceeded 70 million kilometers.

China leads the ecological reconstruction of new energy automobile industry in an all-round way

Recently, the relevant person in charge of the Ministry of Industry and Information Technology said that China’s new energy vehicles have developed rapidly, and at the same time, they have integrated various revolutionary technologies such as artificial intelligence, Internet and big data, and the automobile industry ecology is being completely reshaped. The industrial chain and value chain of new energy vehicles are continuously expanding to the fields of transportation, energy, information and communication.

New energy vehicles inject strong kinetic energy into China’s economic growth.

As the main direction of the transformation and upgrading of the automobile industry, new energy vehicles are also an important starting point to help the national economy recover steadily and promote mass consumption. China’s new energy vehicle market has great potential, wide space and promising prospects, which will inject strong new kinetic energy into China’s economic growth.

Source: CCTV