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The development of new energy vehicles is the only way for China to move from a major automobile country to a strong automobile country. This important statement points out the direction for the development of China's automobile industry and injects unprecedented development momentum into the industry.

Ten years to sharpen a sword. In the past decade, the production and sales of new energy vehicles in China have increased by about 126 times, ranking first in the world for nine consecutive years. The sharp increase in production and sales reflects the transition of China's new energy vehicle industry from a follower to a leading industry position, with an increasingly complete industrial support system.

Quantity change: a hundred times in ten years

Looking back, it took 27 years for China's new energy vehicles to go from the first one to the 10 millionth, while it only took 17 months to go from the 10 millionth to the 20 millionth

From scratch, from weak to strong. The booming development of China's new energy vehicle industry has become a successful case of optimizing the allocation of many development factors such as technology, talent, and capital, and a vivid portrayal of China's promotion of high-quality industrial development.

In the past decade, the annual production and sales of new energy vehicles in China have soared from 78500 and 74800 in 2014 to 9.59 million and 9.5 million by the end of 2023, an increase of about 126 times.

In the past decade, China has introduced a series of policies and measures, from car purchase subsidies to charging infrastructure construction, paving the way for industrial development and the popularization of new energy vehicles.

In the past decade, local car companies have increased investment, adhered to independent innovation, and achieved "lane changing overtaking" in key technologies such as batteries, motors, and electronic controls. For example, BYD has launched multiple popular new energy vehicle models with technological advantages, and long range and intelligent connectivity have become the industry's "standard".

In the past decade, new energy vehicles have entered thousands of households. A survey shows that over 60% of consumers are considering purchasing new energy vehicles in 2023. New energy vehicles are not only favored domestically, but also actively setting sail to the world.

In 2023, the global sales of new energy vehicles reached 14.653 million units, with China's new energy vehicle sales accounting for nearly 65%. Sales have been increasing year by year, and the brand influence of China's new energy vehicles is also expanding, with an increasingly heavy share of the international market.

According to data from the China Association of Automobile Manufacturers, in 2023, China's new energy vehicle exports reached 1.203 million units, a year-on-year increase of 77.6%. In the past decade, China's new energy vehicles have not only entered the streets and alleys of many countries, but also entered the hearts of consumers at home and abroad.

In New Zealand, Richard van der Engel, who runs a car dealership, believes that local residents choose Chinese cars not only because of price advantages, but also because of their excellent technology.

Chinese brands are running faster and faster in the era of new energy vehicles through innovation and breakthroughs. Yuan Chengyin, Director of the National New Energy Vehicle Technology Innovation Center, believes that in the era of new energy, China's automotive industry is rapidly rising and gradually becoming a "leader" from a "follower".

The reporter observed at the recently concluded Beijing Auto Show that Chinese new energy vehicle and industry chain enterprises are sharing the development dividends with global car companies. The batteries we use come from the CATL factory located in Germany, "Porsche CEO Oliver Blumer said at the auto show, and he also had in-depth discussions with CATL Chairman Zeng Yuqun on battery quality and product development.

Meanwhile, a sound charging infrastructure system is a sufficient guarantee to support the high-quality development of new energy vehicles. Nowadays, China's charging infrastructure network has basically covered most rural areas.

During the May Day holiday this year, Ni Huangxin, a villager from Dabeibu, Zhukou Township, Qimen County, Mount Huangshan City, Anhui Province, drove a tram back to his hometown and found that the power supply station in the village had installed a charging pile. I really didn't expect that now charging stations have been built in rural areas in the mountains! "Ni Huangxin said. If you want to install household charging stations, you can contact the power supply company to come to your doorstep immediately, and there is no need to worry about driving the tram back.

According to data from the China Charging Alliance, as of April 2024, the cumulative number of charging infrastructure in China is 9.613 million units; From January to April 2024, the incremental ratio of charging stations to vehicles will be 1:2.5, and the construction of charging stations will basically meet the rapid development needs of new energy vehicles.

Fu Bingfeng, Executive Vice President and Secretary General of the China Association of Automobile Manufacturers, said that currently, the electrification, intelligence, and networking of the automotive industry are accelerating their integration, and the ways in which automotive energy, power, production, manufacturing, and consumption are being reshaped. A new industrial ecology and competitive landscape are rapidly forming.

From more than a decade ago when Chinese cars went abroad to make a profit at a loss, to now when Chinese new energy vehicles are priced based on their own costs; From the "going global" of automobiles, to now BYD, Chery and other companies investing in their own car roll on/roll off ships to achieve "national wheel, national manufacturing, national car, national transportation", to the industrial chain and technology output of companies such as CATL and Guoxuan High tech, the "green experience" from China's new energy vehicles will also be exported globally, creating a "technological future" and "green future" for the global village.

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