China Leads Electric Vehicle Market for 10 Years

Zhang Yunming, China's Vice Minister of Industry and Information Technology, announced that China's new energy vehicle production and sales have ranked first in the world for the past 10 years.

Zhang said at a press conference today that China's new energy vehicle production will be 2024

It announced that its sales reached 12 million 888 thousand units and 12 million 866 thousand units.

Zhang noted that new energy vehicles originating from China have been exported to more than 70 countries and regions in the world.

According to the announced data, the average range of China's new energy vehicles has reached 500 kilometers.

A comprehensive and efficient industrial system for new energy vehicles has been established in China. In addition, China supplies 70 percent of battery materials and 60 percent of power cells to the world.

In addition, the world's largest charging network was established in China. 12 million 818 thousand charging sockets and 4 thousand 443 charging stations were opened throughout China. Fast charging technology, which can charge 15 percent in 80 minutes, entered mass production.