China's auto sector is hitting the accelerator in 2025, with January sales and production figures showing a solid rebound. The China Association of Automobile Manufacturers (CAAM) reported passenger vehicle sales hit 2.13 million units (+0.8% YoY), while production reached 2.15 million (+3.3% YoY). But the real stars? New energy vehicles (NEVs) 🌱⚡, which accounted for nearly 40% of total sales!
NEV production and sales surged 29% year-on-year, hitting 1.015 million and 944,000 units respectively. Meanwhile, auto exports jumped 6.1%, with NEV exports rocketing 49.6%—a clear sign of global appetite for China's electric innovation.
At a high-profile private enterprises symposium in Beijing 🏙️, industry leaders from NEV, automotive, and tech sectors brainstormed strategies for overseas expansion. Think: How to turn 'Made in China' into 'Global Demand for China'—from battery tech to smart mobility solutions.
Analysts say the numbers reflect both resilient domestic demand and shrewd investments in green tech. As one exec put it: 'The road to sustainability is paved with lithium batteries and global ambition.'
Reference(s):
China's auto sales rise in Jan., private enterprises symposium meets
cgtn.com