China's NEV sales rise from 1.37 million to 16.49 million over five years

(ECNS) -- China’s annual new-energy vehicle (NEV) sales rose from 1.367 million to 16.49 million during the 14th Five-Year Plan period (2021-2025), while their share of new-car sales climbed from 5.4% to 47.9%, Xin Guobin, vice minister of Industry and Information Technology (MIIT), said Wednesday at a State Council Information Office press conference in Beijing.

China produces more than 70% of the world’s NEVs, power batteries and key materials, and its NEVs are now sold in more than 100 countries and regions, Xin said.

Looking ahead, the ministry will focus on improving product quality, battery performance and autonomous-driving safety, while strengthening testing and verification of new vehicle designs.

It will also expand charging and battery-swapping facilities and work toward providing charging stations in every county and charging piles in every township.

(By Intern Yang Hongran, Zhang Dongfang)