Sun Fengchun: China's automobile industry leads the electrification and intelligent revolution

According to news on June 6, Sun Fengchun, an academician of the Chinese Academy of Engineering, recently announced at the global launch of Yutong Group’s commercial vehicle technology brand that as of June 4, the number of new energy vehicles in China has exceeded 15 million. This number exceeds 13.1 million units a year ago. According to the editor's understanding, this means that in less than a year, the number of new energy vehicles in China has increased by nearly 5 million, with an average increase of more than 400,000 vehicles per month.

Sun Fengchun pointed out that new energy vehicles, as the backbone of industrial development, are gradually emerging under the promotion of the national "double carbon" strategic goals and the wave of the "new four modernizations" of automobiles. He said that in the electrification revolution, China's automobile industry is at the forefront of the world for the first time; and in the intelligent revolution, China is entering the high-quality development 2.0 era in which electrification and intelligence are deeply integrated.

China's new energy vehicle market has always been the brightest spot in the domestic auto market. Thanks to policy support, technology research and development, and the acceleration of market promotion, new energy vehicles have The market has maintained a sustained high growth trend. According to predictions from the Passenger Car Association, China's new energy passenger car sales are expected to reach 8.5 million units in 2023, while narrow passenger car sales are expected to reach 23.5 million units, and the annual new energy vehicle penetration rate is expected to reach 36%.

In addition, in order to further release the consumption potential of new energy vehicles, the executive meeting of the State Council of China was held on June 2 to study policies and measures to promote the high-quality development of the new energy vehicle industry. The meeting proposed that the vehicle purchase tax reduction and exemption policy for new energy vehicles should be continued and optimized. This initiative aims to promote the further development of the new energy vehicle market and meet people's demand for environmentally friendly travel methods.

As an important development direction of China's automobile industry, new energy vehicles have continued to grow in number, demonstrating the leading position of China's automobile industry in the fields of electrification and intelligence. With the continuous promotion of policy support and technological progress, it is believed that China's new energy vehicle market will continue to flourish and make greater contributions to environmentally friendly travel.

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