Country for PR: China
Contributor: PR Newswire Asia (China)
Saturday, September 24 2022 - 00:35
Xinhua Silk Road: Experts forecast upcoming burgeoning period for China's NEV industry
BEIJING, Sept. 23, 2022 /PRNewswire-AsiaNet/ --

China's new energy vehicle (NEV) industry is now about to step into a 
burgeoning period after going through the initial and growth phases, said 
experts at the Sino-German Forum on Development of NEV Industry on Wednesday.

They, together with scholars and entrepreneurs attending the forum held in 
Hefei, capital of east China's Anhui Province, believed that China expedited 
the NEV industry development with emerging new technologies, new products and 
new services.

Hildegard Müller, president of Verband der Automobilindustrie (VDA) or German 
Association of the Automotive Industry called on automobile industry to 
accelerate development of electric vehicles (EVs), improve performance of EV 
batteries and further widen coverage of charging sets to facilitate realization 
of the carbon neutrality goals of China and Germany.

In future, China's NEV industry is expected to present new trends of three 
aspects including low-carbon, high-end and smart power batteries, rapid 
iteration of electric chassis platforms and innovative development of energy 
infrastructure such as charging system and vehicle to grid, said Ouyang 
Minggao, academician with Chinese Academy of Sciences.

Currently, the development of NEV market in China has shifted from the 
policy-driven stage to a market-driven stage. In 2022, China's NEV sales are 
likely to increase about 56 percent year on year to top 5.5 million ones, 
forecast Shi Jianhua, deputy secretary general with China Association of 
Automobile Manufacturers (CAAM).

In Anhui Province, one of the important NEV industry bases in China, detailed 
and pragmatic measures have been mapped out to boost local NEV industry from 
multiple aspects including supporting NEV and intelligent connected vehicle 
(ICV) development so as to craft world class NEV and ICV industrial clusters, 
according to Wang Yi, secondary inspector with the province's reform and 
development commission.

Gabardi, CEO with Volkswagen Anhui, noted that the company's first model will 
go into production in October as a pre-production car and mass production will 
begin in 2023.

The forum is mainly organized by Anhui Provincial People's Government. During 
the forum, China Economic Information Service and CAAM jointly released a 
report on high quality development of China's NEV industry to depict the 
concrete industry situations from related policies, businesses development, 
application, supportive resources and development of ICVs.

Original link:

Source: Xinhua Silk Road

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   Caption: Photo provided to Xinhua shows scene of the Sino-German Forum on 
Development of NEV Industry.