Today, the Ministry of Industry and Information Technology released the "Annual Report on the Development of China's Automobile Industry (2021)". The report shows that the automobile market will remain stable in 2020, with sales of 25.31 million vehicles, a year-on-year decrease of 1.9%, ranking first in the world for twelve consecutive years. In addition, the new energy vehicle market is developing strongly. In 2020, my country's new energy vehicle sales reached 1.367 million units, an increase of 10.9% year-on-year, and exceeded 1 million units for three consecutive years, showing a sustained rapid growth trend, ranking first in the world for six consecutive years.
The annual report also pointed out that many countries around the world will develop new energy vehicles as an important strategic measure to deal with climate change and optimize the energy structure. In 2017, global sales exceeded 1 million for the first time. In 2020, although the global auto market has fallen sharply, the new energy vehicle market has a strong momentum of development, with sales of 3.07 million vehicles, injecting new momentum into the development of the world economy. In 2020, my country's new energy vehicle sales reached 1.367 million, a year-on-year increase of 10.9%, exceeding 1 million for three consecutive years, showing a sustained rapid growth trend, ranking first in the world for six consecutive years.
source: thoughtful
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