Fu Bingfeng of China Association of Automobile Manufacturers Foresees 16 Million New Energy Vehicle Sales by 2025
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Author:小编   

On July 11, Fu Bingfeng, Executive Vice President and Secretary General of the China Association of Automobile Manufacturers, addressed the 2025 China Automobile Forum, emphasizing that China's automotive market has undergone a significant transformation, with new energy vehicles (NEVs) emerging as the leading segment. He anticipates that by 2025, NEV sales will reach 16 million units, and their share of new car sales will exceed 50%. This milestone signifies that China's transition to electrification has entered a phase of steady growth, successfully concluding the initial phase of industrial and market structural adjustments.