China to take multiple measures to expand consumption of NEVs
2023-05-18 15:51:30 [Print]
The new energy vehicle (NEV) industry is facing unprecedented development opportunities, Meng Wei, spokesperson of the National Development and Reform Commission (NDRC), said at a press conference on May 17. In the next step, China will continue to improve policies and measures, guide relevant parties to seize opportunities, improve technological innovation capabilities, build a new industrial ecosystem, promote industrial integration and development, improve infrastructure systems, deepen open exchanges and cooperation, and continuously enhance the core competitiveness of the industry. At the same time, China will take multiple measures to expand the consumption of NEVs and promote high-quality development of the NEV industry.
Meng Wei said that in recent years, under the combined action of many factors, China's NEV industry developed rapidly. From 2012 to 2022, the compound annual growth rate of NEV sales reached 87.2%, and the production and sales volume ranked first in the world for eight consecutive years.
Meng Wei said that in recent years, under the combined action of many factors, China's NEV industry developed rapidly. From 2012 to 2022, the compound annual growth rate of NEV sales reached 87.2%, and the production and sales volume ranked first in the world for eight consecutive years.
PrNd Oxide Pr6O11 25%, Nd2O3 75% EXW China
Unit:RMB/mt
China's neodymium metal producers' operating rate statistics by province by month
Unit: %
