Xinhua Silk Road: Experts predict flourishing of China’s ENV industry

-Xinhua Silk Road: Experts predict an upcoming period of flourishing of the silk road industry. chinese stock the VNE

BEIJING, September 23, 2022 /PRNewswire/ — China’s new energy vehicle (NEV) industry is about to enter a flourishing period after passing through the initial and growth phases, experts at the Sino-German Forum on the Development of the VNE Industry.

Together with the academics and businessmen who attended the forum held in Hefeicapital of the eastern province of Anhui Chinaconsidered that China is accelerating the development of the ENV industry with new technologies, new products and new services.

Hildegard Müller, President of the Verband der Automobilindustrie (VDA) or German Automobile Industry Association, called on the auto industry to speed up the development of electric vehicles (EVs), improve the performance of EV batteries and expand coverage of recharging equipment to facilitate the achievement of the carbon neutrality objectives of China and Germany.

In the future, China’s ENV industry is expected to present new trends in three aspects: low-carbon, high-end and energy-smart batteries, rapid iteration of electric chassis platforms, and innovative development of battery technology. energy infrastructure, such as the charging system and the vehicle’s connection to the grid, said Ouyang Minggao, an academician with the Chinese Academy of Sciences.

At present, the development of the new-generation electric vehicle market in China has moved from the policy-driven stage to the market-driven stage. In 2022, VNE sales in China are likely to rise 56% year-on-year to 5.5 million, according to forecasts by Shi JianhuaDeputy Secretary General of the China Association of Automobile Manufacturers (CAAM).

In Anhui Province, one of China’s most important ENV industrial bases, detailed and pragmatic measures have been designed to boost the local ENV industry from multiple aspects, including supporting the development of ENVs and smart connected vehicles ( VCI), in order to create world-class industrial groups of VNE and VCI, according to Wang Yisecondary inspector of the provincial development and reform commission.

Gabardi, CEO of Volkswagen Anhui, said the company’s first model will go into production in October as a pre-production car and serial production will start in 2023.

The forum is mainly organized by the Anhui Provincial People’s Government. During the forum, the China Economic Information Service and the CAAM jointly released a report on the high-quality development of China’s VNE industry to describe the concrete situations of the industry from related policies, development of enterprises, the implementation, support resources and development of VCIs.

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