Another brand-new milestone has been reached.The production and sales of Chinese new energy vehicles have reached 10 million units annually for the first time

Another significant milestone moment in the development history has arrived for Chinese new energy vehicles. On November 14th, under the guidance of the Ministry of Industry and Information Technology of the People's Republic of China, sponsored by the China Association of Automobile Manufacturers and organized by Dongfeng Motor Group, the event of reaching 10 million units of Chinese new energy vehicles in 2024 was held in Wuhan.

From being available to being excellent, Chinese new energy vehicles have gone through an extraordinary and remarkable journey. It took China 27 years to produce from the first new energy vehicle to the 10 millionth one. And it only took 17 months to go from the 10 millionth to exceeding 20 million. Nowadays, Chinese new energy vehicles have once again picked up speed, reaching an annual production and sales volume of 10 million for the first time in less than 11 months. Over the past decade, the production and sales volume of Chinese new energy vehicles has ranked first in the world for nine consecutive years. From starting out to accelerating, and then achieving overtaking on the bends, Chinese new energy vehicles have been making their way step by step towards the center of the international stage, realizing leapfrog development and becoming the front-runner of new energy vehicles globally.

Industry experts believe that the production and sales of 10 million new energy vehicles in China in 2024 have further consolidated China's position as the world's largest producer, seller, and exporter of new energy vehicles, strengthened the first - mover advantage of China's automobile industry in the new wave of the global scientific and technological revolution, and led the global automobile industry's transformation and upgrading with electrification and intelligence as the main directions.

Hundreds of boats vie for the lead, and those who row hard will be the first; thousands of sails compete to set out, and the brave will win. Chinese new energy vehicles are not only quickly moving towards the center of the global stage, but also bringing new development opportunities to the global automotive industry. Firmly take the "inevitable path" and accelerate the transition towards newness and intelligence. Standing at a new starting point, Chinese automobiles are riding the momentum in the new journey with a more open and confident attitude, setting sail in the new blue ocean, continuously demonstrating the vigorous vitality and innovative strength of Chinese - style modernization, and injecting more abundant "Chinese driving force" into the development of the global automotive industry.