China's NEVs shine at 'two sessions' amid global growth
An aerial drone photo shows cars being loaded onto a roll-on/roll-off ship for new energy vehicles at Xiuying Port in Haikou, south China's Hainan province, Jan. 14, 2025. [Photo/Xinhua]
China's new energy vehicle (NEV) industry has grown into a global leader in green innovation, making NEVs a focal point at this year's "two sessions."
At a press conference on the sidelines of China's annual national legislative session, Zheng Shanjie, head of the National Development and Reform Commission, announced that China's NEV production has surpassed 13 million units annually, establishing a complete domestic industrial chain.
One standout success is Xiaomi's latest model, the SU7 Ultra. The model made a sensational debut, securing 6,900 orders within 10 minutes of its release and exceeding 10,000 orders within two hours.
However, the success of Chinese NEVs is not limited to the domestic market. According to the General Administration of Customs, China exported over 2 million electric vehicles in 2024. Notably, BYD reported impressive overseas sales of 67,025 units this February, highlighting its growing global presence.
Yin Tongyue, chairman of Chery Automobile Co., Ltd. and a deputy to the 14th National People's Congress (NPC), stressed the importance of building internationally competitive NEV clusters. He urged Chinese automakers to unite and expand into overseas markets through global partnerships and layouts that benefit all parties involved.
Chery already demonstrated this approach by forming a joint venture with Spain's Ebro last year. The partnership resulted in innovative electric cars that combine Chery's technical expertise with Ebro's brand appeal, reviving Ebro's brand and creating many local jobs.
Yin highlighted that Chinese automobiles are driving the global auto industry toward an era where fuel-powered and electric vehicles coexist with intelligent technology. To succeed in this environment, he emphasized the need to enhance research and development, especially in vehicle chips and software, while adhering to foreign regulations and meeting diverse market demands. "By leveraging safety and technology to 'pave the way,' Chinese automakers aim to access markets that others cannot reach," Yin said.