China's new energy automobile industry is in the window of high quality and rapid development.

"China and Europe have joined hands in strong cooperation in the industrial field, and the advantages of market and technology complement each other, which is beneficial to the future and both sides, is conducive to the economic development of both sides, is conducive to leading the world's new energy industry to continue to advance in a sustainable direction, and is conducive to China and Europe jointly coping with world challenges such as human development, climate change and energy crisis, and achieving good results of win-win cooperation."On November 7th, the 5th Global Automobile Development Trend Forum with the theme of "Intelligent Networking Empowers the Globalization of Automobile Brands" was held at the National Convention and Exhibition Center. Vice President of the South-South Cooperation Promotion Association Xu Tongkai told China Business News and other media reporters.Xu Tongkai said that the EU has mainly taken four measures to promote the development of new energy vehicle industry, namely, formulating environmental protection policies on top-level design, accelerating the layout of key links in the industrial chain, developing core technologies in the field of new energy vehicles, and introducing a series of fiscal and taxation policies to promote the application of new energy vehicles."In 2020, the EU will become the world's largest new energy vehicle market, accounting for 43.8% of the global market share. It is expected that the European market will complete electrification in the next 5 to 10 years and enter a period of steady growth in the number of vehicles." Xu Tongkai pointed out that since the beginning of this year, affected by the energy crisis, the growth of European traditional automobile and new energy automobile industries has entered a bottleneck period.At the same time, Xu Tongkai said that the number of motor vehicles in China is huge, and the penetration rate of pure electric vehicles is low, so the growth space of China's electric vehicle market is huge, and China will become the core area of global electric vehicle development. New energy automobile enterprises in China have seized the important opportunity of global green and low-carbon transformation of automobile development and achieved overtaking in corners.Relevant statistics show that in 2021, the production and sales of new energy vehicles in China ranked first in the world for seven consecutive years, and the contribution rate of new energy vehicles' exports to automobile growth reached 26.7%, which became a new bright spot in foreign trade of automobile industry."The production and export of new energy vehicles in China are still in a state of rapid increase in quantity, stable foundation and high-quality and rapid development, and the opportunity is fleeting." Xu Tongkai said that China's automobile industry should learn from the new energy automobile technology of developed countries in Europe and other regions, introduce relevant favorable policies, increase the layout of international industrial chain and logistics chain, seize the opportunity of energy cooperation between China and Europe, and strengthen cooperation and interaction with the EU, the leader of new energy automobile industry.

Article source: China Business Network