China's New Energy Vehicle Global Advantage Further Advances!

The global electrification wave is accelerating, and China's new energy vehicles are leading with an overwhelming advantage. Clean Technica data shows that global electric vehicle sales exceeded 1.6 million in March this year, a year-on-year increase of 25%, of which pure electric models accounted for 69%. Chinese brands contributed 84% of the global increase, and their overseas market share jumped to 11.7%. Energy Storage Technology has become its core competitiveness. Chinese automakers continue to expand their global advantages through innovations in high-density batteries and smart energy storage batteries. In overseas markets, Chinese brands have achieved "car-pile-storage" synergy in Southeast Asia and Europe through the integrated photovoltaic storage and charging solution (Energy Storage System Integration), further consolidating their market share. Institutions predict that the global new energy vehicle energy storage system (ESS) market size will exceed US$500 billion in 2025. With the mass production of sodium-ion batteries and solid-state batteries, the cost-effectiveness and safety of energy storage batteries will reach a new level, injecting new momentum into China's new energy vehicles' global breakthrough.