On January 6, Fu Bingfeng, executive vice president and secretary general of the China Association of Automobile Manufacturers, stated at NIO's 1,000th mass-produced vehicle launch event that in 2025, China's automobile production and sales are expected to exceed 34 million units, reaching a new high, and remain above 30 million for three consecutive years. Among them, new energy vehicles have become the dominant force in the market, accounting for more than 50% of domestic new vehicle sales. Fu Bingfeng said that China has successfully completed a historic leap from traditional service technology to being led by new energy vehicles, and the industry and market structure have all been profoundly adjusted.

Zhitongcaijing · 4d ago
On January 6, Fu Bingfeng, executive vice president and secretary general of the China Association of Automobile Manufacturers, stated at NIO's 1,000th mass-produced vehicle launch event that in 2025, China's automobile production and sales are expected to exceed 34 million units, reaching a new high, and remain above 30 million for three consecutive years. Among them, new energy vehicles have become the dominant force in the market, accounting for more than 50% of domestic new vehicle sales. Fu Bingfeng said that China has successfully completed a historic leap from traditional service technology to being led by new energy vehicles, and the industry and market structure have all been profoundly adjusted.