The status of China's Electric vehicles

• With the rapid growth of new energy vehicles, China has ushered in the era of electric cars. According to statistics from the China Association of Automobile Manufacturers, the cumulative sales of new energy vehicles in my country last year was 1.367 million, a year-on-year increase of 10.9%. The production and sales volume of new energy vehicles ranked first in the world for five consecutive years. In the first four months of this year, the national production and sales volume of new energy vehicles exceeded 700,000, reaching 75 million and 732,000 respectively, increasing 2.6 times and 2.5 times year on year. It expects that the annual production and sales volume will reach 1.8 million vehicles this year, increasing 40% year on year.

• According to the National New Energy Vehicle Development Plan, it estimates that by 2025, the country's sales of new energy vehicles will account for 20%. By then, sales of new energy vehicles will reach about 6 million. It expects that new energy vehicles will grow at an average annual rate in the next five years. It can be more than 40%.

• In recent years, the technological level of my country's new energy automobile industry has rapidly improved, and a relatively complete industrial ecosystem and supporting environment formed. It updates at multiple levels such as master components, batteries, motors, electronic control systems, the entire industry chain layout, and the supporting layout of charging piles.

• Under the background of global green and low-carbon emission reduction in the next 30 years, fuel vehicles will gradually withdraw from the market. New energy vehicles will become the protagonist of the automotive market. At present, the annual direct economic scale of my country's automobile industry is about 10 trillion yuan. From an industry perspective, the future of the new energy automobile industry can range from parts to vehicle production to intelligent systems and charging pile systems. Measured on a trillion scale, the future market potential is blocky, and the new energy automobile industry is booming, becoming a rare emerging industry track.

• Some experts believe that China's new energy automobile industry has entered a competitive Warring States era. From traditional car manufacturers to Internet leaders, from real estate giants to mobile phone giants, all have reached out to the new energy vehicle field, hoping to share the blocky market feast of the new energy vehicle industry.

• EMP has been committed to the automotive industry for more than 20 years. With rich experience and technology in the production of auto parts. We will introduce more advanced technology and equipment to provide customers with satisfactory solutions

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