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China Daily / 2024-11 / 18 / Page011

From nothing to something to something big

China Daily | Updated: 2024-11-18 00:00
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On Thursday, an event marking the 10 millionth new energy vehicle produced in China for the year 2024 was held in Wuhan, Central China's Hubei province. It also marked the first time that China's annual production of new energy vehicles has exceeded 10 million units.

The continuous surge in new energy vehicle production is a result of the fast-growing domestic automotive industry, underpinned by a systemic upgrading of infrastructure and the supply chain network, and research into consumer behavior.

For instance, China has built the world's largest charging infrastructure network, with over 10 million charging facilities. It has also established a complete and competitive new energy vehicle industry chain, successfully connecting key links such as raw materials, components, systems integration, and manufacturing equipment.

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