The power source of China's new energy industry
A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. These lively scenes vividly depict the robust growth of China's new energy sector, igniting global curiosity about its unprecedented ascent. In 2023, both production and sales of China's new energy vehicles exceeded 9 million units, maintaining its position as the global leader for nine consecutive years. Exports of new energy vehicles soared by 77.6 percent, reaching 1.203 million units and solidifying China's position as a key driver of the global automotive industry's green transformation. China's momentum in emerging industries also derives from fostering technological breakthroughs and innovative business models through intense market competition.











































Discover Related

Chinese Car Maker BYD Looks to Expand in Brazil : State of the World from NPR : NPR

Chinese EVs’ Market Share Across Europe Drops to Two-Year Low

Global ties more critical amid uncertainties

A new global economic order, if it can be built

A new global economic order, if it can be built

Chinese electric vehicle maker BYD reports 2024 revenue over USD 100B, topping Teslas sales

Chinese EV giant BYD overtakes Tesla globally with record sales in 2024

China's BYD reports 34% net profit increase to $5.6 billion in 2024

AI seen as key to high-quality growth

AI seen as key to high-quality growth

China’s missed emissions target poses challenge to global climate efforts

BYD overtakes Tesla in 2024 revenue, becomes World's top EV maker

Retail giants bullish on consumption rebound

High-quality growth offers global boost

High-quality growth offers global boost

Tariffs only accelerate China's self-reliance in high-tech sector

Tracking China's economy and commodity needs is getting harder

China launches first bonded remanufacturing business in Chongqing

China’s Leapmotor Says It Can Weather an Expansion of Chip Curbs

China transforming into innovation powerhouse

China transforming into innovation powerhouse

Tianjin promotes emerging industries
