Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Musk’s China visit a fitting rebuff to the ‘decoupling’ rhetoric
Birds of a feather may flock together, but they don’t necessarily build nests
Sunday
- Subscribe
NEVs ‘will grab 30% of market’
Print Edition
New-energy vehicles are expected to grab over 30 percent of China’s auto market in 2025, according to the electric vehicle industry think tank China EV100.
NEV sales in the world’s largest auto market are expected to exceed 5 million units in 2022 and reach at least 7 million units in 2025, said Zhang Yongwei, vice president of China EV100, adding that in an optimistic scenario, the sales could even reach 9 million to 10 million units in 2025.
In January-November of this year, NEV sales amounted to about 2.99 million units, surging 166.8 percent year on year and accounting for 12.7 percent of nearly 23.49 million units in total sales of new vehicles, according to the China Association of Automobile Manufacturers.
In the next three to five years, medium and small-sized cities and the vast countryside will become an important market for driving the growth of NEV sales in the country. With government subsidies being scaled back in 2022 and the launch of foreign models, NEV will face more competition in the next few years.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
