BEIJING: China’s strides in developing its electric vehicle and power battery industries are making significant contributions to global sustainable development and the fight against climate change, officials and business leaders said on Sunday.
Wan Gang, president of the China Association for Science and Technology, said that China sold 9.495 million new energy vehicles last year, leading the global auto industry in an accelerating transformation toward electrification and adding new momentum to the global industry’s development. He made the remarks while addressing the two-day 2024 World Power Battery Conference, which opened on Sunday in Yibin, Sichuan province. “As a key driver of the electrification transformation, China’s power battery industry has been leading the world for seven consecutive years in terms of market scale,” he said, noting that six of the world’s top 10 power battery enterprises in terms of installed capacity are based in China.
Wan said the power battery industry is still facing some bottlenecks in technology innovation, industrial development and market applications, while new development trends and demands have brought new challenges.
He called on experts, scholars, entrepreneurs and policymakers in the global power battery field to work together to explore cutting-edge technologies, further build industrial and supply chains, and realize green and low-carbon industrial development.
Miao Wei, deputy director of the Committee on Economic Affairs of the National Committee of the Chinese People’s Political Consultative Conference, the nation’s top political advisory body, highlighted that dealing with global climate change is a shared responsibility of all countries, and the trend toward electrification is unstoppable.
“China’s progress in the power battery industry has extended the driving range and reduced the cost of NEVs, thus boosting the rapid growth of the NEV industry,” said Miao, who is also former minister of industry and information technology. –The Daily Mail-China Daily news exchange item
