As a result of the aggressive carbon policy of the Chinese government, the interest in new energy vehicles in the country is increasing day by day. China's "new energy vehicle industry" is developing at a dizzying pace these days. According to the data of the China Automobile Manufacturers Association, the production of new energy vehicles during the first half of this year (January-June period) was 1 million 125 thousand units, and the sales were 1 million 206 thousand units. These numbers correspond to an increase of 94,4 percent and 92,3 percent, respectively.
The technological level of China's new energy vehicle industry has advanced markedly after years of effort. This has increased the competitiveness of the respective automakers. The development plan for new energy vehicles between 2021 and 2035 indicates that approximately 2025 percent of new vehicles to be purchased by 20, and the vast majority of new vehicles to be purchased by 2035, will be composed of new energy vehicles.
Judging by the data of the China Automobile Manufacturers Association, as of the end of May this year, there are approximately 5,8 million new energy vehicles in China, which is equivalent to 50 percent of the total presence of such vehicles on the global level. Meanwhile, the number of different facilities connected with the production of new energy vehicles is increasing. For example, by April of this year, 176 million charging columns were installed at 65 thousand charging stations in 1,87 cities of the country. “Fast charging” facilities are available on a highway section of more than 50 thousand kilometers across the country.
On the other hand, Chinese public institution State Grid Corporation will continue to invest in charging infrastructure, as well as expand the fast charging network on highways and expand the existing charging network in the country, and create a total of 128 new charging opportunities in the country's cities, highways and small settlements. He said he plans to invest in yuan.
Source: China International Radio