China Auto Daily丨 China Leads with World's Largest New Energy Industry Chain

China Leads with World's Largest and Most Complete New Energy Industry Chain

On November 17, 2024, Wen Hua, Deputy Director of the Environmental Resources Department of China's National Development and Reform Commission, announced that China has built the largest and most comprehensive new energy industry chain in the world.

Wen Hua emphasized that China has formulated the most systematic and complete carbon reduction policy framework globally, showcasing significant accomplishments in the transition to renewable energy. The combined installed capacity of wind power and solar power in China has exceeded international commitments by more than six years ahead of schedule. This early achievement underscores China's proactive approach to restructuring and upgrading its energy industry.

China's optimized industrial structure has led to the creation of the world's largest and most complete new energy industry chain. This extensive network includes key sectors such as renewable energy generation, electric vehicle production, and green building initiatives. Additionally, the green transformation of buildings and transportation is accelerating, with over 90% of newly constructed urban buildings classified as green buildings. As of 2024, the annual production of new energy vehicles in China has surpassed 10 million units, representing a substantial leap in the adoption of sustainable transportation solutions.

Over the past decade, China's resource utilization efficiency has significantly improved, with a 60% increase in the main resource output rate. This enhancement highlights the nation's commitment to sustainable development and resource conservation.

Henan: Support Zhengzhou Economic and Technological Development Zone to Promote Automobile Export

The government of Henan province has introduced policies supporting the Zhengzhou Economic and Technological Development Zone to promote automobiles export business. These policies aim to transform the zone into a hub for whole vehicle exports and parallel import automobile distribution and exhibition.

The 22th Guangzhou Auto Show Opens with 1,171 Vehicles on Display, Including 512 New Energy Vehicles

The 22nd Guangzhou International Automobile Exhibition has opened, showcasing a total of 1,171 vehicles, of which 512 are new energy vehicles. On site, there are 78 global debuts, including six by multinational companies. The 22th Guangzhou Auto Show marks a record high for the exhibition.

XPeng Motors to Launch G6 Model in UK at the Beginning of Next Year

On November 16, XPeng Motors announced its entry into the UK market by signing an official agency cooperation agreement with European car dealer group, International Motors Ltd. (IML). XPeng's first model to be introduced in the UK is the XPeng G6, which is expected to launch early next year.